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Listed by Jim Lister • Windermere Manito, LLC
$ 595,000
Est. payment /mo
New
1101 W Maxwell Ave Spokane, WA 99201
5,183 SqFt
UPDATED:
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