Price Reduction - Seller Financing
Address
701 S Felts Rd Spokane Valley, WA
Price
$ 300,000
Property Attributes
  • ID#202024818
  • TypeIncome
  • CountySPOKANE
  • CitySpokane Valley
  • AreaA110-076
  • Zip99206
  • Style1-1/2 Story
  • Year Built1926
  • Taxes$ 2038
  • Price$ 300,000
  • Bedrooms7
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage5108
  • Lot Size0.66 Acres
Listing Provided Courtesy Of:
Professional Realty Services
Data Source:
Spokane Association of REALTORS
Property Description

This 5,108 square foot, 6 unit, multi family dwelling, built in 1926, has 5 apartments plus 1 studio apartment. Each unit has an electric meter. Tenants have month to month leases. Five units are occupied, one unit is empty and available to tour! Tenants pay their own electrical Owner pays garbage, gas, and water. Units have their own washer/dryer hookup. Some units have skylights. Lots of off street parking. With Proof of Funds arrangements can be made for potential buyer to see all units. Seller will make no repairs. Low ball offers will not be accepted at this time. Approximately 2/3 of an acre of land. Deferred maintenance. Many long term tenants. Possible owner financing for 6 months.

Elementary School Middle School High School
Opportunity Elementary School North Pines Middle School University High School
Price History
11/13/2020 Listed $595,000
12/1/2020 4% - $575,000
12/8/2020 5% - $550,000
12/16/2020 5% - $525,000
4/9/2021 7% - $490,000
4/16/2021 5% - $470,000
4/24/2021 5% - $450,000
4/30/2021 5% - $430,000
5/6/2021 5% - $410,000
5/12/2021 5% - $390,000
5/19/2021 6% - $370,000
5/27/2021 6% - $350,000
6/2/2021 6% - $330,000
6/23/2021 10% - $300,000

General Features

Access Pub Rd, Paved
Basement Finished
Class Rental Income
Common Amenities Lndry
Elementary School Opportunity
Fireplaces Wood
Garage Attached, Detached, Under Hse, RV Parking, Off St Prkg, Shared Drv
High School University
Listing Area A110/076
Middle School North Pines
Roof Comp
School District Central Valley
Special Features Mn Flr Util, Skylight
Status Chg price
Status Active
Stories 2
Style 1-1/2 Story
Taxes 2038
Terms Cash, Owner Fin, See Remarks
Type Rental Income
Year Built 1926

Interior Features

# Baths Unt A 1
# Baths Unt B 1
# Baths Unt C 1
# Baths Unt D 1
# Br Unt A 2
# Br Unt B 1
# Br Unt C 2
# Br Unt D 2
# Units A 2
# Units B 3
# Units C 4
# Units D 6
Heat/Cooling Elec, Forced Air, Wall A/C
Kitchen and Appliances Fr Stnd Rng, D/W, Refrig
Total Number of Units 6

Exterior Features

Apx Lot Size Sq Ft 28677
Existing Structures See Remarks
Exterior Wood
Garage Capacity 4+
Garages 4
Lot Information Treed, Fenced
Lot Size Area 0.66

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 99206

Price
AVG $750K
$300K
Taxes
AVG $2,038
$2,038
Visits
AVG 33
41
Year Built
AVG 1966
1926
Walkscore
AVG 46
35
Data Provided by Walkscore ® not using MLS data

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