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Listed by Ryan Towner • LT Real Estate
$ 1,750,000
Est. payment | /mo
17,942 SqFt
$ 1,750,000
Est. payment | /mo
17,942 SqFt
Key Details
Property Type Multi-Family
Sub Type Rental
Listing Status Active
Purchase Type For Sale
Square Footage 17,942 sqft
Price per Sqft $97
MLS Listing ID 202523491
Year Built 1994
Lot Size 0.290 Acres
Lot Dimensions 0.29
Property Sub-Type Rental
Property Description
This well-maintained property offers both timeless design and reliable performance. The building is located in a desirable residential neighborhood, making it highly attractive to residents and investors alike. The unit mix includes seven two-bedroom, one-and-a-half bath apartments, three two-bedroom, two-bath apartments, and one spacious three-bedroom, two-and-a-half bath apartment. Together, the property generates a strong monthly rental income of $15,485. Every residence is designed with comfort and convenience in mind, featuring gas fireplaces, large deluxe kitchens, dishwashers, garbage disposals, and full-size washers and dryers. Secure under-building parking is included for each unit, adding a premium amenity that enhances tenant retention and demand.
Location
State WA
County Spokane
Rooms
Basement See Remarks
Interior
Heating Natural Gas, Electric, Baseboard, Ductless
Cooling Wall Unit(s)
Exterior
Parking Features Underground
Garage Spaces 4.0
Amenities Available None
View Y/N true
Roof Type Composition
Building
Story 3
Structure Type Vinyl Siding
Schools
Elementary Schools Roosevelt
Middle Schools Sacajawea
High Schools Lewis & Clark
School District Spokane Dist 81
Others
Acceptable Financing Conventional, Cash, Commercial
Listing Terms Conventional, Cash, Commercial
