418 E Mission Avenue , Spokane, WA 99202

WA, Spokane
$895,000
  • 6,000 Sqft
  • Residential Income Property Type
  • 1905 Year Built
  • Closed Status
Property Description

Great 15 bedroom student rooming house opportunity. Located in Spokane’s highly desired University District with majority of building systems updated or replaced. Situated just two blocks from Gonzaga University and within 1-mile of 6 higher education institutions, investors are well positioned to take advantage of Spokane’s growing student rental demand. Being one of the largest rooming houses in the University District, buyers will have multiple renting & leasing options including renting the building on a group lease, renting rooms individually, or renting the building as an Airbnb. The building is currently vacant, giving buyers the opportunity to fill and rent before the 24 school year. FINANCIALS ARE PROFORMA

Source: NWMLS
Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: 2209356
  • Price: $895,000
  • View: City,Mountain(s)
  • Square Footage: 6,000 Sqft
  • Year Built: 1905
  • Lot Area: 0.16 Acre
  • Status: Closed
  • Office Name: Kidder Mathews
  • Agent Name: Winslow Lee
  • Property Sub Type: Multi-Family
  • Roof: Composition
Features
  • Heating System Baseboard
  • Cooling System Central A/C
  • Exterior Features Wood
  • Sewer Sewer Connected
Address Map
  • Country US
  • State WA
  • County Spokane
  • City Spokane
  • Zipcode 99202
  • Street: Mission
  • Street Number: 418
  • Street Suffix: Avenue
  • Longitude: W118° 35' 46.5''
  • Latitude: N47° 40' 17''
  • Directions: 418 E Mission Ave Spokane, WA 99202
  • Mls Area Major: 561 - Spokane County
  • Street Dir Prefix: E
Neighborhood
  • High School District: Spokane
Additional Information
  • Lot Size Dimensions: 7100
  • Water Source: Public
  • Virtual Tour: Virtual Tour
  • Stories Total: 3
  • Possible Use: Multi-Family,Residential
  • On Market Date: 2024-03-12
  • Number Of Units Total: 1
  • Lot Features: Paved, Curbs, Sidewalk
  • Foundation Details: Poured Concrete
Financial
  • Tax Annual Amount: 7304
Listing Information
  • List Agent Mls Id: 121289
  • List Office Mls Id: 128
  • Listing Term: Cash Out,Conventional
  • Mls Status: Sold
  • Modification Timestamp: 2024-09-05T12:48:30Z
  • Originating System Name: NWMLS
  • Special Listing Conditions: None
  • Status Change Timestamp: 2024-05-13T19:03:11Z
Rene  Orona
Rene Orona SKYLINE PROPERTIES, INC.
  • +1-425-891-8162
  • rene@brokerofrealestate.com
  • 50 116TH AVE SE STE 120 Bellevue, WA 98004, United States
  • +1-425-732-9211

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