Movement Real Estate
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10/31/2024
We found this property off market and were able to get it for $920,000. Without doing anything the appraisal came in at $1,000,000. That’s $80,000 of instant equity… 💰
So lesson one… don’t let people tell you when it is or isn’t a good time to buy or sell. You can always find deals if you are patient and know how to look. 🔎
The cool and unique thing about this is it’s actually 2 four flexes right next to each other. What this means is we were able to get residential financing versus commercial and save on rate.
❗️4 units and below is residential. 5 units and above is commercial❗️
Each unit is about 1,000 square feet, 2 bed, 1 bath, has its own washer and dryer, and a private carport space.
We’ll post photos of what the inside of the units looked like when we closed and spoiler alert.. it’s not pretty haha. 🏡
Shane O'Rourke
Broker in Washington
Shane has lived in Spokane his whole life. When he isn't working you can find him on the river fly fishing. He also grew up playing baseball which has allowed him to thrive in a team atmosphere. He loves his community and showing his clients why this is the best place to live. 🎣
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799 S Stevens St
Spokane, WA
99204
