Bought with Bill Richard
$355,000
$375,000
5.3%For more information regarding the value of a property, please contact us for a free consultation.
5202 S Ferrall St Spokane, WA 99223
3,757 SqFt
Key Details
Sold Price $355,000
Property Type Multi-Family
Sub Type Rental
Listing Status Sold
Purchase Type For Sale
Square Footage 3,757 sqft
Price per Sqft $94
MLS Listing ID 201827514
Style Other
Year Built 1962
Annual Tax Amount $2,820
Lot Size 0.910 Acres
Property Description
Immediate cash flow available with this 5 unit apartment building located on the upper south hill. 4 out of 5 units are two bedroom units with upside in rent. The building is fully occupied and offers a few updates throughout the building including; newer roof, new kitchen cabinets, flooring and paint. Great upside in rent on this building. Large lot with tons of room for building a shop. Don't miss this opportunity to buy a great property with upside! Cap 7%+!!
Location
State WA
County Spokane
Interior
Heating Baseboard, Ductless
Exterior
Parking Features None
Amenities Available Laundry
View Y/N true
View Territorial
Roof Type Composition Shingle,See Remarks
Building
Lot Description Treed, Level, Cul-De-Sac, Oversized Lot, Legal Non-Conforming
Story 2
Structure Type Wood
Schools
Elementary Schools Mullan Road Elementary
Middle Schools Sacajawea
High Schools Ferris
School District Spokane Dist 81
Others
Acceptable Financing Conventional, Cash, Owner Financing
Listing Terms Conventional, Cash, Owner Financing
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