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79
Posts
50
Votes
Melissa Murphy
  • Real Estate Broker
  • Spokane, WA
50
Votes |
79
Posts

South Hill 6 Plex on an oversized lot

Melissa Murphy
  • Real Estate Broker
  • Spokane, WA
Posted

Investment Info:

Large multi-family (5+ units) commercial investment investment in Spokane.

Purchase price: $237,500
Cash invested: $75,000

Older vintage home converted to a six plex on an oversized lot. Owner occupied unit. Offered just under asking price with 3 other offers on the table, but seller financing at 5.5% percent. Older seller like the secure monthly payment, and accepted.