Spokane, WA 99202,418 E Mission AVE
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Spokane, WA 99202,418 E Mission AVE
Spokane, WA 99202,418 E Mission AVE
Spokane, WA 99202,418 E Mission AVE
Spokane, WA 99202,418 E Mission AVE
Listed by Kidder Mathews
Bought with Kidder Mathews

$880,000

Est. payment /mo

$895,000

1.7%
Est.Price: ?

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418 E Mission AVE Spokane, WA 99202

6,000 SqFt

SOLD DATE : 04/26/2024

Key Details

Sold Price $880,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 6,000 sqft

Price per Sqft $146

Subdivision Spokane

MLS Listing ID 2209356

Sold Date 04/26/24

Style 56 - 10+ Units

Year Built 1905

Annual Tax Amount $7,304

Lot Size 7,100 Sqft

Lot Dimensions 7100

Property Description

Great 15 bedroom student rooming house opportunity. Located in Spokane’s highly desired University District with majority of building systems updated or replaced. Situated just two blocks from Gonzaga University and within 1-mile of 6 higher education institutions, investors are well positioned to take advantage of Spokane’s growing student rental demand. Being one of the largest rooming houses in the University District, buyers will have multiple renting & leasing options including renting the building on a group lease, renting rooms individually, or renting the building as an Airbnb. The building is currently vacant, giving buyers the opportunity to fill and rent before the 24 school year. FINANCIALS ARE PROFORMA

Location

State WA

County Spokane

Area 561 - Spokane County

Interior

Fireplace false

Exterior

Exterior Feature Wood

Amenities Available Patio

View Y/N Yes

View City, Mountain(s)

Roof Type Composition

Building

Lot Description Curbs, Paved, Sidewalk

Sewer Sewer Connected

Water Public

New Construction No

Schools

School District Spokane

Others

Senior Community No

Acceptable Financing Cash Out, Conventional

Listing Terms Cash Out, Conventional

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Northwest MLS (NWMLS)

Kari Green

Advisor | License ID: 20117777

+1(360) 552-8150

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