Sq.Ft.2,496
Year2000
Farr Group NW
(509) 381-4846
Status:
Sold
Property Type:Rental
MLS #:202310858
Sq. Feet:2,496
Date Sold:3/8/2023
Lot Size:6,000 Sq. Ft.
County:Spokane
Perfect Owner Occupied opportunity or Investment opportunity in a prime college town location! This newer 4-plex, built in 2000, offers four units, each featuring 2 bedrooms and 1 bathroom, a dishwasher, and in-unit washer and dryer. With rents currently significantly under market value, this property offers great potential for income generation. Ideal for student housing, rental income or even owner occupied. Live in one unit and rent out the other three. The newer building features and amenities will appeal to tenants. There is plenty of parking available on the property. Don't miss out on this chance to own a piece of the college town market. Schedule a showing today! This property will qualify for FHA owner occupied with as little as 3.5% down. Buyer to verify information with lender. Property is currently rented and generating $3200 a month.
Detailed Maps
Price Change History
| Date | Old Price | New Price | Percent Change |
| 3/15/2023 | $700,000 | $650,000 | -7.1% |
Community Information
Address:5 2nd St, Cheney, WA 99004
County:Spokane
City:Cheney
Zip Code:99004
School Information
School District:Cheney
High School:Cheney
Middle School:Cheney Ms
Elementary School:Betz
Architecture
Year Built:2000
Stories:2
Construction Materials: Siding
Roof: Composition Shingle
Basement: Crawl Space
Parking Features: Off Site
Parking Total: 1300
Features / Amenities
Appliances: Free-Standing Range, Dishwasher, Refrigerator, Washer, Dryer
Heating: Ductless
Number of Air Conditioners: 4
Property Features
Lot Size:
0.14 Acres / 6,000 Sq. Ft.
Lot Features: Sprinkler - Automatic, Level
Road Frontage: City Street, Paved Road
Tax and Financial Info
Tax Annual Amount: $3,178
Water / Sewer Expense: $185
Listing Terms: FHA, VA Loan, Conventional, Cash
Schools
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Listing Information Last Updated 3/25/2023
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The Broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.