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Buy a multi-family propertyat 317 college Ave, Cheney, WA 99004

$650,000

$0/mo

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Multifamily

5,284 Sq. Ft.

9,147 Sq. Ft. lot

279 Days on market

SAR202319454 MLS ID

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About 317 college Ave multi-family property

Great rental opportunity in the heart of Eastern Washington University! Recently updated, his property was used by a Sorority that housed approximately 25 students during a school year and was well maintained. Rent by the room and it will have great cashflow. It has 11 official bedrooms: two bedrooms on the main floor with a connecting 3/4 bathroom, and 9 bedrooms upstairs. There is another half bathroom on the main floor and upstairs has a huge bathroom with four shower stalls, a large vanity with seven sinks, and four toilet stalls. Through the main entrance is a living room that leads to an open family room setting next to the dining area and kitchen. The dining area is spacious with ample countertop space, cabinets, a sink and dishwasher. There is a serving window from the adjacent commercial style kitchen with a large pantry, and a laundry room behind the dining area. . Projected rent is $600 per room
Great rental opportunity in the heart of Eastern Washington University! Recently updated, his property was used by a Sorority that housed approximately 25 students during a school year and was well maintained. Rent by the room and it will have great cashflow. It has 11 official bedrooms: two bedrooms on the main floor with a connecting 3/4 bathroom, and 9 bedrooms upstairs. There is another half bathroom on the main floor and upstairs has a huge bathroom with four shower stalls, a large vanity with seven sinks, and four toilet stalls. Through the main entrance is a living room that leads to an open family room setting next to the dining area and kitchen. The dining area is spacious with ample countertop space, cabinets, a sink and dishwasher. There is a serving window from the adjacent commercial style kitchen with a large pantry, and a laundry room behind the dining area. . Projected rent is $600 per room

Property details

Property Access

Road Frontage: "City Street", "Paved Road"

Appliances & Equipment

Appliances: "Free-Standing Range", "Grll Top Rng", "Double Oven", "Dishwasher", "Refrigerator", "Microwave", "Pantry", "Washer", "Dryer"

Basement

Basement: "Partial", "Unfinished"

Building

Architectural Style: "Colonial"

Building Area Total: 5284

Construction Materials: "Block", "Stucco", "Hardboard Siding"

Living Area: 5284

Number Of Units Total: 11

Stories: 2

Structure Type: "Two Story"

Year Built: 1940

Cooling

Cooling: "Central Air"

Dining Room

Formal,Informal,Kit Eat Sp

Family Room

1st Flr,2nd Flr

Garage

Garage Spaces: 0

Heating

Heating: "Gas Hot Air Furnace", "Forced Air", "Hot Water"

Interior Features

Interior Features: "Utility Room"

Location

County or Parish: Spokane

Lot

Features: "Level", "Open Lot", "Corner Lot"

0 acres

10000 square feet

Parking

Parking Features: "RV Parking", "Workshop in Garage", "Off Site"

Property

Other Structures: "Shed(s)"

Roof

Roof: "Flat"

Schools

Elementary School District: Cheney

Monthly cost

Estimated monthly cost

$4,261/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$611,000

+$19,500

$630,500

Seller agent commission$19,500 (3%)*

$0 (0%)

Buyer agent commission$19,500 (3%)*

$19,500 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

Get $19,500 more selling your home
with an Unreal Estate agent

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State

  • Land for sale in Washington
  • Real estate in Washington
  • Real Estate for Sale in Washington

Unreal Estate checked: Aug 8, 2023 at 4:44 p.m.

Data updated: Aug 3, 2023 at 11:49 a.m.

Courtesy of Keller Williams Spokane - Main 509-458-4000
This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright.
Compilation © 2024 Spokane Association of REALTORS®. All Rights Reserved.

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