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Listed by Jordan Lester • SVN Cornerstone
$ 425,000
Est. payment /mo
Active
3024 N Hogan St Spokane, WA 99207
3,438 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Residential Income
Listing Status Active
Purchase Type For Sale
Square Footage 3,438 sqft
Price per Sqft $123
MLS Listing ID 202615206
Style Ranch
Year Built 2004
Lot Size 10,018 Sqft
Lot Dimensions 0.23
Property Sub-Type Residential Income
Property Description
SVN Cornerstone is pleased to present the Hogan Duplex and Storage Units for sale located at 3024 N Hogan St in Spokane. The Hogan Duplex and Storage Units consist of two 2 bedroom 1 bathroom units in the duplex and 2 storage units on the same lot. Opportunity for Residential Financing – Qualifies for attractive residential financing with lower down payment options and favorable loan terms, increasing accessibility and overall return potential Rental Upside – Current rents are below market with the ability to increase to approximately $1,350, providing immediate income growth potential Diverse Income Streams – Duplex units combined with additional storage units provide multiple sources of income and reduced vacancy risk Strong Location – Situated in a desirable Spokane location with access to employment, schools, and amenities, supporting consistent rental demand and long term stability New roof in 2022 and updated heaters help reduce near term capital expenditures and improve operational stability
Location
State WA
County Spokane
Rooms
Basement None
Interior
Cooling Wall Unit(s)
Exterior
Parking Features Detached, Workshop in Garage, Off Site, Oversized
Garage Spaces 4.0
Amenities Available None
View Y/N true
Roof Type Composition
Building
Lot Description Level
Story 1
Architectural Style Ranch
Structure Type Wood Siding
Schools
School District Spokane Dist 81
Others
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash