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  • Listed by: 

    Winslow Lee,

    Kidder Mathews

    $880,000

    418 E Mission Avenue, Spokane, WA 99202

    --beds
    --baths
    6,000sqft
    Multi Family
    Built in 1905
    -- sqft lot
    $915,000 Zestimate®
    $147/sqft
    $1,439 Estimated rent

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    $1,439/mo

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    $1,439/mo

    Rent Zestimate®

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    $5,171/mo

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    $5,171/mo

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    What's special

    Great 15 bedroom student rooming house opportunity. Located in Spokane’s highly desired University District with majority of building systems updated or replaced. Situated just two blocks from Gonzaga University and within 1-mile of 6 higher education institutions, investors are well positioned to take advantage of Spokane’s growing student rental demand. Being one of the largest rooming houses in the University District, buyers will have multiple renting & leasing options including renting the building on a group lease, renting rooms individually, or renting the building as an Airbnb. The building is currently vacant, giving buyers the opportunity to fill and rent before the 24 school year. FINANCIALS ARE PROFORMA

    Zillow last checked: 8 hours ago

    Listing updated: September 05, 2024 at 05:48am

    Listed by:

    Winslow Lee,

    Kidder Mathews

    Bought with:

    Winslow Lee

    Kidder Mathews

    Source: NWMLS,MLS#: 2209356MLS Logo

    Facts & features

    Interior

    Heating
    • Baseboard
    Cooling
    • Central Air
    Features
    • Has fireplace: No
    Interior area
    • Total structure area: 6,000
    • Total interior livable area: 6,000 sqft

    Property

    Parking
    • Total spaces: 5
    • Parking features: Open
    • Uncovered spaces: 5
    Features
    • Has view: Yes
    • View description: City, Mountain(s)
    Lot
    • Size: 7,100 sqft
    • Dimensions: 7100
    • Features: Curbs, Paved, Sidewalk, Patio
    Details
    • Parcel number: 351720303
    • Zoning description: Jurisdiction: City
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Wood Siding
    • Foundation: Poured Concrete
    • Roof: Composition
    Condition
    • Good
    • Year built: 1905
    • Major remodel year: 1978

    Utilities & green energy

    • Electric: Company: Avista
    • Sewer: Sewer Connected, Company: City of Spokane
    • Water: Public, Company: City of Spokane

    Community & neighborhood

    Location
    • Region: Spokane
    • Subdivision: Spokane

    Other

    Other facts
    • Listing terms: Cash Out,Conventional
    • Cumulative days on market: 386 days
    Sell for more
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $915,000
    2% more+$18,300
    With Zillow Showcase(estimated)$933,300