Commercial · Cheney, WA 99004

1115 1st St, Cheney, WA 99004

Cheney, WA 99004

$1,200,000

ActiveMLS® 202620912

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ActiveMLS® 202620912
$1,200,000
1115 1st St, Cheney, WA 99004
Bds Ba 9,600 Sq.Ft. 0.19 Ac
Description

Cash flowing 11 unit apartment building in the heart of Cheney, home to Eastern Washington University. The unit mix (seven1-bed/1-bath, four 2-bed/1-bath) is perfectly suited to the steady demand of a college town. This is a low-maintenance investment from day one: newer roof, updated vinyl siding and windows, concrete walkways, and off-street parking mean fewer surprises and lower carrying costs. Rents are still under market, leaving real upside for a new owner to step in and capture immediate value. With Cheney's tight rental market and major new business growth on the West Plains driving long-term demand. Don't wait, cash flowing, college town assets like this don't last.

Interior
  • Heating Electric, Baseboard
Exterior and Construction
  • Roofing Composition
Land and Lot
  • Lot size 0.19 acres (8,313 sq ft)
  • View City
Location and Zoning
  • Road/Access City Street, Paved Road
  • County Spokane
  • Zoning 13131.0506
Schools
  • High School Cheney
  • School District Cheney
  • Elementary School Betz
  • Junior High School Cheney
Tax and Legal
  • Annual tax $12,672.80
  • Parcel number 13131.0506
Parking and Garage
  • Parking Parking spaces: 0

Listing Information

Listing Agent
Nicole Page
Listing Office
Keller Williams Spokane - Main
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