Average square foot calculated using Size range provided by listing agent.
Description
Well-maintained, prime value-add opportunity. With the ability to acquire residential financing as an owner-user operator, investors can benefit from more favorable loan terms while capitalizing on a 28% rent increase as-is and up to 43% through renovations. Major system upgrades—including updated electrical panels, roof, and furnace—limit near-term capital expenditures. Located in one of Spokane’s most desirable neighborhoods, the property features ample on-site parking, excellent transit access, and potential for future development. Buyers can also scale their investment by acquiring the adjacent Oak and Espanola Annex properties, creating a unique 56-unit portfolio opportunity.Show Description
MLS® Number2373316
Laundry Level
Central VacNo
FireplaceNo
Acreage0.1318
ExteriorWood
GarageNo
Approx. Age1900
Basement
Driveway
Garage Spaces
Heat
A/CNone
Heating Fuel
Extras
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