Brenda Armstrong - Coldwell Banker Schneidmiller - Coeur d'Alene, ID
5202 S Ferrall
Spokane, WA 99223

Description

Immediate cash flow available with this 5 unit apartment building located on the upper south hill. 4 out of 5 units are two bedroom units with upside in rent. The building is fully occupied and offers a few updates throughout the building including; newer roof, new kitchen cabinets, flooring and paint. Great upside in rent on this building. Large lot with tons of room for building a shop. Don't miss this opportunity to buy a great property in a sought out location with great upside! Cap Rate: 7+%!!

Details

MLS#201827514
Sub-TypeResale
StatusActive
Year1962
Days On Site17

Features

SQ Feet3,757
Units5
Building(s)1
Property ViewYes

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Area Information

StateWA
CountySpokane
CitySpokane
Zip Code99223
AreaA221/091
Listing VS Median (in 99223)
Price:
$399,000
low | high
Med:
$326,875
68.076441102757% of Average
SqFt:
3,757
low | high
Med:
3,119
66.981634282672% of Average
$ / SqFt:
$106
low | high
Med:
$106
49.83123030264% of Average
On Site:
17
low | high
Med:
46.5
36.559139784946% of Average
Listing Updated: 12/12/2018
MLS Number: 201827514
Listing Provided By:
Jeff Hornberger  of  Homeland Realty Group LLC

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