Bought with Dallas Lightner
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Key Details
Sold Price $1,350,000
Property Type Multi-Family
Sub Type Rental
Listing Status Sold
Purchase Type For Sale
Square Footage 7,200 sqft
Price per Sqft $187
MLS Listing ID 202212882
Style Traditional
Year Built 1905
Annual Tax Amount $6,428
Lot Size 9,583 Sqft
Property Sub-Type Rental
Property Description
Awesome cap rate on this 12-unit brick apartment building with gross projected rents of $11,625 per month. The building is located close to the revitalized area of the Spokane Arena, Podium, Riverfront Park and the football/soccer stadium currently being constructed. Priced to sell in As-Is condition. The two apartments beside them 1302/1308 are also for sale in a packaged sale. Back on market at no fault of the seller.
Location
State WA
County Spokane
Interior
Heating Gas Hot Air Furnace, Hot Water
Exterior
Parking Features Off Site
Amenities Available None
View Y/N true
Roof Type Flat
Building
Lot Description Level, City Bus (w/in 6 blks)
Story 3
Structure Type Brick
Schools
School District Spokane Dist 81
Others
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash
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