$400,000
$400,000
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2936 E Wabash Ave Spokane, WA 99217
2,280 SqFt
Key Details
Sold Price $400,000
Property Type Multi-Family
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 2,280 sqft
Price per Sqft $175
MLS Listing ID 22-10176
Sold Date 01/20/23
Style Sgl Level
HOA Y/N No
Year Built 1953
Annual Tax Amount $2,250
Tax Year 2021
Lot Size 6,534 Sqft
Acres 0.15
Lot Dimensions 50 x 127
Property Sub-Type Apartment
Source Coeur d'Alene Multiple Listing Service
Property Description
JUST REDUCED. Well Cared for 4 Plex has a history of generating great cash flow though current occupied rents are WELL BELOW market rate. S.H.A. rents 1 bdrms for $950. At that rate, the potential gross Revenue is $3800 plus added rent potential on 3 seperate garage/storage spaces. In addition, new buyer could replace W/D with coin operated laundry to offset expenses. Conveniently located to shops, restaurants, and bus route. This four-plex features 4 - Cozy 1 bedroom / 1 bath units. All units have Various recent updates such as newer gas furnace, water heater, some vinyl windows, plumbing, electrical, flooring, countertops, & fresh interior paint. Fenced backyard. Shared utility on site.
Location
State WA
County Spokane
Area Washington Counties
Zoning UGA
Direction North on Market. Turn L on Wabash. Corner of Wabash and Haven
Rooms
Basement Finished, Daylight, Walk-Out Access
Interior
Heating Natural Gas, Forced Air
Exterior
Exterior Feature Fencing - Partial, Sidewalks
Parking Features Detach
Garage Description 3 Car
View None
Roof Type Composition
Building
Lot Description Corner Lot, Level, Alley Access
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Architectural Style Sgl Level
New Construction No
Schools
School District Other
Others
Tax ID 36343.2801
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Bought with Non-MLS Office