864 S Sherman St #876 S Sherman St new Save Request In-Person Tour Request Virtual Tour
Spokane,WA 99202
Key Details
Property Type Multi-Family
Sub Type Rental
Listing Status Active
Purchase Type For Sale
Square Footage 1,050 sqft
Price per Sqft $323
MLS Listing ID 202524382
Style Ranch
Year Built 1930
Annual Tax Amount $2,843
Lot Size 6,969 Sqft
Lot Dimensions 0.16
Property Sub-Type Rental
Property Description
INVESTORS: DUPLEX NEAR HOSPITALS AND PERRY DISTRICT. Start with or add this cash flowing rental property to your portfolio. Both units are 1BR/1BA with 525 sqft (1,050 sqft total). Both in good condition. Almost 100% occupied since Dec 2021. Solid tenants. Rents are currently $1,045 & $1,020 per month. Tenants pay Water/Sewer/Garbage. Gross Annual Income $24,780. Priced to sell at a 5.7% Cap Rate.
Location
State WA
County Spokane
Rooms
Basement None
Interior
Interior Features Windows Vinyl
Heating Natural Gas,Forced Air
Appliance Free-Standing Range,Refrigerator,Microwave
Exterior
Parking Features Off Site
Amenities Available None
View Y/N true
Roof Type Composition
Building
Lot Description Treed,Level,Corner Lot,City Bus (w/in 6 blks),Oversized Lot,Fencing
Story 1
Architectural Style Ranch
Structure Type Masonite
Schools
Elementary Schools Roosevelt
Middle Schools Sacajawea
High Schools Lewis & Clark
School District Spokane Dist 81
Others
Acceptable Financing FHA,VA Loan,Conventional,Cash
Listing Terms FHA,VA Loan,Conventional,Cash