7311 E 6th Avenue

Spokane Valley, WA 99212
$550,000
5484 sqft | 0.42 acres | #202422264

Description

Huge price improvement! Great cash flowing Multi-family apartment centrally located in Spokane Valley, WA near Edgecliff Park. Apartments are in good shape and need very little to maintain. Tenants love living here with all the amenities this apartment has to offer and the units maintain low vacancy rates. There are 4 ground level units (three 1 bed / 1 bath units) and (one 2 bed / 1 bath unit) with an additional room in the basement that has 1 bedroom with 1 bathroom that's built out and needs your finishing touches. The sixth unit is a separate adorable studio cottage unit with a long term tenant. Each unit is separately metered and has gas forced air heat with a common area laundry in the basement. There's ample off street parking from the alley, 5 additional carports and a nice common area patio out back for entertaining friends and family. Lots of value-add and potential upside with this building. Good rental history with upside in current rents. Schedule your showing today!

  • Property Details
    • Property
      • View:Park/Greenbelt
    • Measurements
      • Acres:0.42
      • Square Feet:5484
  • Construction Details
    • Type & Style
      • Property type:Rental
      • Basement:Partial, Partially Finished, Laundry
    • Condition
      • Year built:1956
  • Community and Neighborhood Details
    • Location
      • County:Spokane
  • Financial Details
    • Pricing Details
      • Taxes annual:$4, 582
  • Other
    • Source
      • MLS #:202422264

Location

Keller Williams SpokaneWhitney Schumacher Real Estate