Bought with MISC MISC
$525,000
$649,000
19.1%For more information regarding the value of a property, please contact us for a free consultation.
6,423 SqFt
SOLD DATE : 01/30/2025
Key Details
Sold Price $525,000
Property Type Multi-Family
Sub Type Rental
Listing Status Sold
Purchase Type For Sale
Square Footage 6,423 sqft
Price per Sqft $81
MLS Listing ID 202418725
Sold Date 01/30/25
Year Built 1909
Annual Tax Amount $5,426
Lot Size 7,840 Sqft
Lot Dimensions 0.18
Property Sub-Type Rental
Property Description
6 plex in the historic Cannon neighborhood has tons of charm & character. with a steady rental history. Large 1st floor unit would be perfect for owner occupied. Some tenants have been there many years & the property manager estimates the rent is at least 20%n below market. Basement has 2 1BD/1BA apts as well as community laundry and storage. 1st floor has large 3BD/1BA apt with beautiful woodwork, built ins. 2nd floor has 3 1BD/1BA apts. 3rd floor could be rented but needs a fire escape. Priced to reflect awareness that there are definitely deferred maintenance issues & updating that will be done. 3 apts left vacant to make it easy to show.
Location
State WA
County Spokane
Rooms
Basement Full, Partially Finished, Laundry, Walk-Out Access
Interior
Interior Features Natural Woodwork
Heating Gas Hot Air Furnace, Forced Air
Exterior
Parking Features Alley Access, None
Garage Spaces 6.0
Amenities Available Laundry
View Y/N true
Roof Type Composition Shingle
Total Parking Spaces 1900
Building
Lot Description Fenced Yard, Treed, Open Lot, City Bus (w/in 6 blks)
Story 3
Structure Type Wood
Schools
Elementary Schools Roosevelt
Middle Schools Sac
High Schools Lewis & Clark
School District Spokane Dist 81
Others
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash
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