702 S Bernard St, Spokane, WA 99204
702 S Bernard St, Spokane, WA 99204
702 S Bernard St, Spokane, WA 99204
702 S Bernard St, Spokane, WA 99204
702 S Bernard St, Spokane, WA 99204
702 S Bernard St, Spokane, WA 99204
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Rachel Krouse

Rachel Krouse

+1(509) 981-1881
Listed by Dallas Lightner • LT Real Estate
$ 2,000,000
Est. payment | /mo

20,732 SqFt

Save
$ 2,000,000
Est. payment | /mo
Save

20,732 SqFt

Key Details

Property Type Multi-Family

Sub Type Residential Income

Listing Status Active

Purchase Type For Sale

Square Footage 20,732 sqft

Price per Sqft $96

MLS Listing ID 202622775

Year Built 1913

Lot Size 7,840 Sqft

Lot Dimensions 0.18

Property Sub-Type Residential Income

Property Description

This 15-unit multifamily property is located on Spokane's desirable South Hill and features a mix of 12 one-bedroom units and 3 two-bedroom units. The 20,732 SF building was built in 1913 and offers 9 off-street parking stalls and on-site laundry. The property is offered at $2,000,000, or $133,333.33 per unit, with gross monthly income of $20,420.42, a reported NOI of $131,155.72, and a 6.56% cap rate.

Location

State WA

County Spokane

Rooms

Basement Full, Partial

Interior

Heating Natural Gas, Hot Water

Exterior

Parking Features Off Site

Amenities Available Laundry

View Y/N true

Roof Type Flat

Building

Story 3

Structure Type Brick

Schools

School District Spokane Dist 81

Others

Acceptable Financing Conventional, Cash

Listing Terms Conventional, Cash

Nearby Locations

Rachel Krouse

"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

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702 S Bernard St