Multi Family Home · Spokane, WA 99202
418 E Mission Ave, Spokane, WA 99202
Spokane, WA 99202
$1,050,000
ActiveMLS® 202614399
SVN Cornerstone is pleased to present the Villa Maria Apartments for sale located at 418 E Mission Ave in Spokane's Logan neighborhood. The Villa Maria Apartments consist of a 15 bedroom shared housing residence with five bathrooms. The property features a large shared kitchen, furnished common living areas, a common laundry room with two washers and two dryers, and five off street parking spaces. - Recent capital improvements include fully furnished bedrooms, upgraded copper electrical wiring, a newer asphalt shingle roof, double pane windows, and a high efficiency gas water heater. - Prime Logan neighborhood location within walking distance of Gonzaga University, downtown Spokane, shopping, dining, and major employers. - All bedrooms and common areas are fully furnished, allowing for seamless leasing and making this a turnkey investment. - Affordable by the room housing attracts a stable tenant base primarily consisting of students. - Residential utility rates reduce operating expenses and enhance NOI
Interior
- Basement Finished
- A/C Central Air
- Heating Natural Gas, Forced Air
Exterior and Construction
- Style Craftsman
- Roofing Composition
- Construction Two Story
Land and Lot
- Lot size 0.16 acres (6,970 sq ft)
- Lot description Level
HOA and Community
- Amenities Laundry, Gas, See Remarks
Location and Zoning
- Road/Access City Street, Paved Road
- County Spokane
- Neighborhood Logan
- Zoning 35172.0303
Schools
- High School North Central
- School District Spokane Dist 81
- Elementary School Logan
- Junior High School Yasuhara
Tax and Legal
- Parcel number 35172.0303
Parking and Garage
- Garage Off Site
Listing Information
- Listing Agent
- Jordan Lester
- Listing Office
- SVN Cornerstone
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