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CHRISTA HERMOSILLO

christa@verticalreg.com +1(208) 500-2231

Listed by Shane Bangle • Keller Williams Spokane - Main

$ 435,000

Est. payment | -/mo

3,328 SqFt

Save

$ 435,000

Est. payment | -/mo

Save

3,328 SqFt

Open House

Sat Apr 25, 2:00pm - 3:30pm

Key Details

Property Type Multi-Family

Sub Type Residential Income

Listing Status Active

Purchase Type For Sale

Square Footage 3,328 sqft

Price per Sqft $130

MLS Listing ID 202615997

Style Ranch

Year Built 1976

Annual Tax Amount $3,678

Lot Size 5,227 Sqft

Lot Dimensions 0.12

Property Sub-Type Residential Income

Property Description

Investors, stop scrolling this is the one. Welcome to this meticulously updated side-by-side duplex that delivers the rare combination of zero work needed condition and an unheard of 10% cap rate. Whether you're adding to your portfolio or house hacking your way to financial freedom, this property checks every box. Both units have been thoughtfully refreshed from top to bottom: new roof, fresh interior and exterior paint, new LVP flooring, new carpet, new bathroom vanities, and new quartz countertops. The heavy lifting has already been done just collect the rent. Each unit features its own private yard and separate driveway, offering tenants the privacy and functionality they want, which translates directly into lower vacancy and stronger retention for you. This is the definition of turnkey, and at a 10% cap rate, it's the kind of deal that simply doesn't come along often in today's market. Act fast, properties like this don't last.

Location

State WA

County Spokane

Rooms

Basement Full, Unfinished, Laundry

Interior

Heating Electric

Appliance Free-Standing Range, Refrigerator

Exterior

Parking Features None

Amenities Available None

View Y/N true

View City, Territorial

Roof Type Composition

Building

Lot Description Fencing, Sprinkler - Automatic, Level, City Bus (w/in 6 blks)

Architectural Style Ranch

Structure Type Masonite

Schools

Elementary Schools Lidgerwood Elem

Middle Schools Garry Middle

High Schools Rogers

School District Spokane Dist 81

Others

Acceptable Financing FHA, VA Loan, Conventional, Cash

Listing Terms FHA, VA Loan, Conventional, Cash

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(208) 500-2231

christa@verticalreg.com

330 E. Lakeside Ave Suite #301 , Coeur dAlene, Idaho, 83814, USA

820 E Rowan Ave Spokane, WA 99207