Bought with MISC MISC
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308 N Washington St #312 and 316 Medical Lake, WA 99022
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Key Details
Sold Price $1,220,000
Property Type Multi-Family
Sub Type Rental
Listing Status Sold
Purchase Type For Sale
Square Footage 10,500 sqft
Price per Sqft $116
MLS Listing ID 202422528
Sold Date 01/23/25
Style Townhouse
Year Built 1960
Annual Tax Amount $8,977
Lot Size 0.440 Acres
Lot Dimensions 0.44
Property Sub-Type Rental
Property Description
This 6-plex consists of 3 duplexes on two parcels. Each unit contains 4 bedrooms & 2 baths w/ an eat-in kitchen, a good-sized living room on the main floor, & a large family room in the lower level. Appliances in each unit include a stove, refrigerator, plus a washer & dryer. They are centrally located in the heart of Medical Lake & offer a lot of amenities to residents. Gas forced air heat, gas hot water, 1,750 sqft of living area, full size washer/dryer & ample off-street parking. The current owner has replaced many windows w/ vinyl, there are hardwood floors under the carpet & overall, the property is well maintained. Fantastic rental history w/ tenants commuting from work at the EWU in Cheney, Airway Heights, Amazon Distribution Center & personnel from Fairchild Air Force Base! These will be perfect assets for your rental portfolio w/the opportunity for rents to grow. Current market rents allow for some improvement in rents. Currently there is one available unit to see while it is being renovated.
Location
State WA
County Spokane
Rooms
Basement Full, Finished, Rec/Family Area, Laundry
Interior
Interior Features Wood Floor, Windows Wood, Alum Wn Fr, Windows Vinyl
Heating Gas Hot Air Furnace, Forced Air
Appliance Free-Standing Range, Refrigerator, Washer, Dryer
Exterior
Parking Features Off Site, Alley Access
Amenities Available Gas, See Remarks
View Y/N true
Roof Type Composition Shingle
Total Parking Spaces 14
Building
Lot Description Level, Corner Lot, Oversized Lot
Architectural Style Townhouse
Structure Type Hardboard Siding
Schools
Elementary Schools Hallett
Middle Schools Medical Lake
High Schools Medical Lk
School District Medical Lake
Others
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash
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