401/403 N. Grant Ave, Medical Lake, WA 99022

$400,000

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List Price
$400,000
MLS#
202622504
Property Sub-Type
Residential Income
Current MLS Listing Sale Status
Active
Financing Terms
FHA, VA Loan, Conventional, Cash
City
Medical Lake
Acres
0.25

Property Description

Amazing investment opportunity with proven rental history! This well-maintained duplex features two 2-bedroom, 1-bath units, making it an excellent addition to your portfolio or the perfect owner-occupied investment. Live in one side while the rental income from the other helps offset your mortgage and build long-term equity. Both units have been thoughtfully updated with newer windows, fresh paint, updated flooring, remodeled kitchens, and modern appliances, offering attractive, move-in-ready spaces tenants will appreciate. The large yard provides room to relax, entertain, or enjoy the outdoors. Located in the growing community of Medical Lake, this property benefits from strong rental demand thanks to its proximity to Fairchild Air Force Base, Eastern State Hospital, and easy access to Spokane. Medical Lake continues to attract residents seeking a small-town lifestyle with convenient access to major employers, recreation, parks, and schools.

Additional Information

Master Bedroom
Dbl Clst, 1st Flr
Primary Bedroom
Dbl Clst, 1st Flr
Year Built
1945
MLS Area/Grid
West Med Lk Cheney
MLS Area/Grid Number
A420/095
Parcel Number
14172.0907
School District
Medical Lake
Middle School
Medical Lake
High School
Medical Lk
Home Amenities
None
Basement
Crawl Space
Heating/Cooling
Forced Air, Baseboard, Ductless
Style
Ranch
Roof Style
Composition
Frontage
City Street, Paved Road
Acres MOL
0.25
Lot Size
11,060
Lot Information
Fenced Yard, Level, Open Lot, City Bus (w/in 6 blks), Garden
Property Sub-Type
Residential Income

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Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of SARMLS / Avalon 24 Real Estate

Listings last updated . All information provided is deemed reliable but is not guaranteed and should be independently verified.