5202 S Ferrall St

    Spokane, WA 99223
    • $399,000
    • STATUS: Active
    • ON SITE: 20 days
    • ID#: 201827514
    UPDATED: 64 min ago
    $399,000
    • 0
      BEDS
    • 0.91
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,757
      SQFT
    • $106
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1962
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:

    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 in a sought out location with great upside! Cap Rate: 7+%!!

    Monthly Payment Calculator

    © 2018 of Spokane Association of REALTORS­® MLS. All rights reserved. Listing information courtesy of Spokane Association of REALTORS­® MLS. IDX data is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the SARMLS. Data last updated 2018-12-18T12:20:48.793.
    www.allspokanehomes.com/homes/89665292

    5202 S Ferrall St Spokane, WA 99223

    • Price: $399,000
    • Status: Active
    • Updated: 64 min ago
    • ID#: 201827514
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.91
    Acres
    3,757
    SQFT
    $106
    $/SQFT
    1962
    Built
    Neighborhood:
    A221/091
    County:
    Spokane
    Area:
    A221/091
    Elementary School:
    Mullan Road Elementary
    Middle School:
    Sacajawea
    High School:
    Ferris
    School District:
    Spokane Dist 81
    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 in a sought out location with great upside! Cap Rate: 7+%!!
    Exterior Features

    Access Public RoadGravel Design Other Exterior Wood Garage Parking None Garage Size 0 Lot Information TreedLevelCuldesacOversizedNon-Conform Lot View Territorial Roof CompositionSee Remarks Style Of Construction 2 Story

    Interior Features

    Basement SlabNone Baths Unit A 1 Baths Unit B 1 Baths Unit C 1 Baths Unit D 1 Beds Unit A 2 Beds Unit B 2 Beds Unit C 2 Beds Unit D 1 Kitchen And Appliances Freestanding RangeDishwasherRefrigerator

    Property Features

    Annual Insurance Expense 816 Annual Water Expense 3120 Common Amenities Laundry Features Breakers Gross Monthly Income 3460 Heat Cooling BasebdEl Wall Unit Monthly Rent Unit A 695 Monthly Rent Unit B 695 Monthly Rent Unit C 780 Monthly Rent Unit D 595 Num Units A 2 Num Units B 1 Num Units C 1 Num Units D 1 Site Improvements Septic SystemWell InstalledSee Remarks Sub Type Rental Income Taxes 2820 Terms ConvCash

    Listing provided courtesy of Homeland Realty Group, Llc.
    © 2018 of Spokane Association of REALTORS­® MLS. All rights reserved. Listing information courtesy of Spokane Association of REALTORS­® MLS. IDX data is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the SARMLS. Data last updated 2018-12-18T12:20:48.793.
     
    Synergy Properties
    706 W. Garland Avenue
    Spokane WA, 99205