Value-add nine-unit apartment building in the West Central neighborhood of Spokane. The property includes six 1 bedroom 1 bathroom units, three studio units, and two storage sheds. Attractive pricing below comparable sales offers immediate equity potential. Select units updated with new flooring and fresh paint. Strong upside remains through further renovations including new cabinets, countertops, appliances, in-unit laundry, windows and doors. Brand new heat boiler ensures efficient heating and tenant comfort. Features timeless architectural charm, enhancing tenant appeal and marketability. R2 zoning allows for redevelopment of site with no maximum number of units provided all other development requirements are met.
Active
Price cut: $20K (7/14)
$575,000
1101 W Maxwell Ave, Spokane, WA 99201
--beds
--baths
5,183sqft
Est.:
Multi Family
Built in 1897
-- sqft lot
$-- Zestimate®
$111/sqft
$-- HOA
What's special
In-unit laundryEfficient heatingBrand new heat boilerNew cabinetsFresh paintNew flooring
- 61 days
- on Zillow |
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