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Rachel Krouse

rachel@krousehouserealty.com +1(509) 981-1881

Listed by Jordan Lester • SVN Cornerstone

$ 1,050,000

Est. payment | -/mo

6,000 SqFt

Save

$ 1,050,000

Est. payment | -/mo

Save

6,000 SqFt

Key Details

Property Type Multi-Family

Sub Type Residential Income

Listing Status Active

Purchase Type For Sale

Square Footage 6,000 sqft

Price per Sqft $175

MLS Listing ID 202614399

Style Craftsman

Year Built 1905

Lot Size 6,969 Sqft

Lot Dimensions 0.16

Property Sub-Type Residential Income

Property Description

SVN Cornerstone is pleased to present the Villa Maria Apartments for sale located at 418 E Mission Ave in Spokane's Logan neighborhood. The Villa Maria Apartments consist of a 15 bedroom shared housing residence with five bathrooms. The property features a large shared kitchen, furnished common living areas, a common laundry room with two washers and two dryers, and five off street parking spaces. - Recent capital improvements include fully furnished bedrooms, upgraded copper electrical wiring, a newer asphalt shingle roof, double pane windows, and a high efficiency gas water heater. - Prime Logan neighborhood location within walking distance of Gonzaga University, downtown Spokane, shopping, dining, and major employers. - All bedrooms and common areas are fully furnished, allowing for seamless leasing and making this a turnkey investment. - Affordable by the room housing attracts a stable tenant base primarily consisting of students. - Residential utility rates reduce operating expenses and enhance NOI

Location

State WA

County Spokane

Rooms

Basement Finished

Interior

Heating Natural Gas, Forced Air

Cooling Central Air

Exterior

Parking Features Off Site

Amenities Available Laundry, Gas, See Remarks

View Y/N true

Roof Type Composition

Building

Lot Description Level

Story 2

Architectural Style Craftsman

Structure Type Wood Siding

Schools

Elementary Schools Logan

Middle Schools Yasuhara

High Schools North Central

School District Spokane Dist 81

Others

Acceptable Financing FHA, Conventional, Cash, Commercial

Listing Terms FHA, Conventional, Cash, Commercial

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(509) 981-1881

rachel@krousehouserealty.com

Amplify- 1311 N Washington Ste A, Spokane, Washington, 99201, USA

418 E Mission Ave Spokane, WA 99202