Bought with Karlee Gibson
$660,000
$660,000
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7114 N HAMILTON St #7116 N Hamilton Spokane, WA 99208
10,454 Sqft Lot
Key Details
Sold Price $660,000
Property Type Multi-Family
Sub Type Rental
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 202414995
Sold Date 08/28/24
Style Rancher
Year Built 1992
Annual Tax Amount $6,574
Lot Size 10,454 Sqft
Lot Dimensions 0.24
Property Description
Discover a fantastic investment opportunity with this spacious duplex! Conventional home loans now allow just 5% down on owner-occupied purchases for duplexes, making this an excellent chance to live in one side and rent out the other. Both units offer generous living space, totaling 2,866 sq. ft. on each side, with the backyards separated by a privacy fence for added comfort. The 7116 N Hamilton unit boasts 5 beds and 3 baths, including 2 non-conforming bedrooms in the basement. It also features an extra living space with a convenient kitchenette downstairs. The 7114 N Hamilton unit has 3 beds and 2 baths, with potential to add another bathroom and bedroom in the basement. Both units are clean and updated, making this duplex a perfect place to call home or a lucrative rental property. Located in a prime area, this property combines convenience with income potential. Current rents do not reflect the value of today's market, offering room for increased cash flow.
Location
State WA
County Spokane
Rooms
Basement Full, Partial, Finished, RI Bdrm, RI Bath, Rec/Family Area
Interior
Interior Features Utility Room, Cathedral Ceiling(s)
Heating Gas Hot Air Furnace, Forced Air
Cooling Central Air
Appliance Free-Standing Range, Refrigerator, Microwave, Washer, Dryer
Exterior
Garage Attached, Oversized
Garage Spaces 4.0
Amenities Available Patio, None
View Y/N true
Roof Type Composition Shingle
Building
Lot Description Fenced Yard, Sprinkler - Automatic
Architectural Style Rancher
Structure Type Brick Partial,Hardboard Siding
Schools
Elementary Schools Arlington
Middle Schools Gary
High Schools Rogers
School District Spokane Dist 81
Others
Acceptable Financing FHA, VA Loan, Conventional, Cash
Listing Terms FHA, VA Loan, Conventional, Cash
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