Multi Family Home · Spokane, WA

1119 W Augusta Ave, Spokane, WA 99205

$830,500 Active MLS® 202622104 Multi Family Home
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ActiveMLS® 202622104
$830,500
1119 W Augusta Ave, Spokane, WA 99205
Bds Ba 4,309 Sq.Ft. 0.14 Ac
Description

High-Yield Multifamily Opportunity in Spokane! This fully renovated 8-unit apartment building offers investors an exceptional 9.66% CAP Rate in a high-demand rental market. Every unit has been updated, significantly reducing immediate capital expenditure risk and supporting a "turn-key" ownership experience. The property’s desirability is proven by its recent performance. Introducing a turnkey fully renovated, centrally located 8-unit multi-family nestled in the heart of Spokane. This historic property exudes old-world charm and presents an attravtive investment opportunity. With alley access , there's ample off-street parking, a significant asset in any urban setting. A shared laundry facility adds conveniece for residence and separately metered units allow for straightforward utility management. Its proximity to downtown and Kendall Yards makes it an attractive choice for those desiging central, vibrant living. Don't miss this opportunity to invest in a piece of Spokane's history with excellent return

Interior Features
  • Additional features
  • Utilities Cable Available
  • Air conditioning Window Unit(s)
  • Basement description Full, Finished, Laundry
  • Pool description
  • Outbuildings
  • Fence
  • Lot dimension 0.14
  • Lot description Level
Exterior Features
  • Body of water
  • View
  • Pool
  • Pool description
  • Outbuildings
  • Fence
  • Lot dimension 0.14
  • Lot description Level
  • Foundation
  • Exterior
  • Roofing materials Composition
Location