Medical Lake, WA 99022,308 N Washington St #312 and 316
Medical Lake, WA 99022,308 N Washington St #312 and 316
Medical Lake, WA 99022,308 N Washington St #312 and 316
42
Listed by Jonathan Bich • Coldwell Banker Tomlinson
Bought with MISC MISC
$1,220,000
$1,300,000
6.2%
Est.Price: ?

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10,500 SqFt

308 N Washington St #312 and 316 Medical Lake, WA 99022

Est. payment /mo
SOLD DATE : 01/23/2025

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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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agent

Jonathan Biron

Broker | License ID: 120755

+1(818) 903-9078

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