1101 W Maxwell Ave new

Spokane,WA 99201

$ 595000

- Bed

- Bath

5183 SqFt


Key Details

Property Type Multi-Family

Sub Type Rental

Listing Status Active

Purchase Type For Sale

Square Footage 5,183 sqft

Price per Sqft $114

MLS Listing ID 202517983

Year Built 1897

Lot Size 6,969 Sqft

Lot Dimensions 0.16

Property Sub-Type Rental

Property Description

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.

Location

State WA

County Spokane

Rooms

Basement Finished

Interior

Heating Baseboard

Exterior

Parking Features None

Amenities Available Laundry,Storage

View Y/N true

Roof Type Composition

Building

Structure Type See Remarks

Schools

School District Spokane Dist 81

Others

Acceptable Financing See Remarks

Listing Terms See Remarks

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