620 S Arthur St - Apartments FOR SALE


Spokane, WA 99202- East Central
$950,000 USD
208-770-2595
620 S Arthur St, Spokane, WA for Sale
$950,000 USD
Apartments - FOR SALE
1/17
null | Request Cap Rate

620 S Arthur St
Spokane, WA 99202
East Central


OVERVIEW

INVESTOR ALERT! Don't miss this exceptional 6-plex opportunity in a prime location near hospitals, the Perry District, and Grant Park, with easy access to Interstate 90 and Downtown! This property offers a unique chance to develop additional units on the extra land, zoned for Residential/Multi-family. It features 4 2bd/1ba and 2 1bd/bath units with ample parking, generating approximately $75,000 in gross annual income. Includes an on-site shared laundry room with machines provided. Recent upgrades include a new roof in 2020, wall AC units, and more. Showings available with accepted offer. *Seller is a Licensed Real Estate broker* — UNITS PER BUILDING: 6 — TOTAL BUILDINGS: 1 — YEAR BUILT: 1977 — LOT SIZE: ±13,500 SF — PARCEL #(S): 35201.5428 — ZONING: RMF — BUILDING SIZE: ±4,240 SF — GROSS MONTHLY INCOME: $6,250 — ANNUAL TAXES: $10,000 — ANNUAL WATER: $7,200 — ANNUAL INSURANCE: $2,400

FOR SALE DETAILS

PRICE

$950,000 USD

PRICE/SF

$157 USD /SF

# OF UNITS

6

PRICE/UNIT

$158,333

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1977

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,499 SF

ZONING

RMF

APN/PARCEL ID

35201.5428

ASK ABOUT THIS PROPERTY

Casey BrazilKiemle & HagoodMore Info
208-770-2595

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Casey BrazilKiemle & HagoodMore Info
208-770-2595

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.