122-124 West 3rd Street

Cheney, WA 99004

$430,000
Price
6
Beds
2
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Investor's Dream or Ideal Residence with Income Potential! This 6-bed/2-bath duplex in Cheney, WA offers a prime location just 3 blocks from Eastern Washington University. Each 1,000sf unit boasts ample space, and off-street parking for 3 vehicles. One unit offers flexibility with a month-to-month lease, while the other is secured through June 2024. Whether you're seeking a savvy investment opportunity or envision living on one side while leasing the other to offset your mortgage, this duplex is...Investor's Dream or Ideal Residence with Income Potential! This 6-bed/2-bath duplex in Cheney, WA offers a prime location just 3 blocks from Eastern Washington University. Each 1,000sf unit boasts ample space, and off-street parking for 3 vehicles. One unit offers flexibility with a month-to-month lease, while the other is secured through June 2024. Whether you're seeking a savvy investment opportunity or envision living on one side while leasing the other to offset your mortgage, this duplex is a rare find.
  1. Listed by Haley Busby • Windermere Liberty Lake
  2. Listed by McKenzie Bartle • Windermere Liberty Lake

Property Details for 122-124 West 3rd Street

Parking Features
Slab/Strip, Off Site, Alley Access
Architectural Style
Rancher

Location

Listing Courtesy of Windermere Liberty Lake
Add your commute
LISTING UPDATED: 05/09/2024 03:58 PM

Property Details for 122-124 West 3rd Street

StatusActive
MLS #202411247
Days on Market102
Taxes$2,924 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Rental
Year Built1950
Lot Size0.15 AC / 6,500 SF
CountySpokane County

Location

Listing Courtesy of Windermere Liberty Lake
Add your commute

Building Information for 122-124 West 3rd Street

Building/Complex122-124 W 3rd StFloor-Stories1Residences2Pet Policy-Year Built1950Building Size-Lot Size0.15 AC / 6,500 SF

Payment Calculator

$2,590 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,347

Property Taxes

$244

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 122-124 West 3rd Street

Summary
Location and General Information
  • County Or Parish: Spokane
  • Longitude: -117.60
  • Other Structures: Shed(s)
  • Directions: From I90 take exit 270 to Fours Lakes/Cheney, Continue onto Lt. Col. Michael P. Anderson Memorial Hwy, Turn right onto K St, turn right onto W 3rd, homes is on left.
  • Township: 23
  • Class: Rental Income
  • Latitude: 47.48
Taxes and HOA
  • Tax Annual Amount: $2,924.00
  • Additional Parcels: No
  • Parcel Number: 13133.0506
Parking
  • Carport Spaces: .00
  • Garage Spaces: .00
  • Parking Total: 6.00
Virtual Tour
School Information
  • Middle Or Junior School: Cheney
Property
Lot Information
  • Lot Features: Sprinkler - Automatic, Level
  • Lot Size Acres: 0.15
  • Lot Size Square Feet: 6500.0
Property and Assessments
  • Construction Materials: Vinyl Siding
  • 1031 Exchange: Yes
  • FIPS: 53063
  • Year Built: 1950
  • First Photo Additional Detail: 2024-02-01T16:05:36.1
Utilities
  • High Speed Internet: Yes
Interior and Exterior Features
Exterior Features
  • Association Amenities: Deck, None
  • Area: A420/097
  • Structure Type: One Story
  • Road Frontage Type: City Street, Paved Road
  • Roof: Composition Shingle
  • View: Territorial
Interior Features
  • Heating: Gas Hot Air Furnace, Electric, Ductless
  • Appliances: Free-Standing Range, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Crawl Space
  • Stories: 1
  • Interior Features: Utility Room, Wood Floor, Windows Vinyl
  • Fire place Features: Gas
Room Information
Dining Room
  • Dining Room: Informal,Kit Eat Sp
Family Room
  • Family/Recreation Room: 1st Flr,Off Kit
Unit Information
Unit Information
  • Number Of Units Total: 2
Unit 1
  • Approx Square Feet: 1005
  • Baths Total: 1
  • Beds Total: 3
  • Type: Unit A
  • Units Total: 1
Unit 2
  • Approx Square Feet: 1005
  • Baths Total: 1
  • Beds Total: 3
  • Type: Unit B
  • Units Total: 1
Rental
Rental Information
  • Occupant Type: Tenant

Property History for 122-124 West 3rd Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 122-124 West 3rd Street

This home is within Cheney School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Salnave Elementary School
PublicPK to 5

Cheney Middle School
Public6 to 8

Cheney High School
Public9 to 12

Homeworks
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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122-124 West 3rd Street is a multi-family home for sale in Cheney, WA 99004. This property was listed for sale on February 1, 2024 by Windermere Liberty Lake, it's currently listed at $430,000. This listing's school district is Cheney School District. Nearby schools include Salnave Elementary School, Cheney Middle School and Cheney High School. 122-124 West 3rd Street is a 6-bed, 2-bath, multi-family home built in 1950.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Windermere Liberty Lake

The information is being provided by Coeur d’Alene Multiple Listing Service and Spokane Association of REALTORS. Information deemed reliable but not guaranteed. Information is provided for consumers’ personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 Coeur d’Alene Multiple Listing Service and Spokane Association of REALTORS. All Rights Reserved.