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1619 N Madison St
Spokane, WA 99205
Multifamily Property For Sale · 6 Units

PROPERTY FACTS

No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.14 AC
Building Size 5,684 SF
No. Stories 2
Year Built/Renovated 1914/2014
Parking Ratio 1.06/1,000 SF
Zoning RTF

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Heating
  • Kitchen
  • Oven
  • Range

SITE AMENITIES

  • 24 Hour Access
  • Controlled Access
  • Tenant Controlled HVAC
  • Walking/Biking Trails
  • Smoke Detector

ABOUT 1619 N MADISON ST , SPOKANE, WA 99205

Here is THE ABSOLUTE PERFECT investment opportunity, right at your fingertips! This 1914 multi-family home has been updated over the last few years and is performing right out of the gate with amazing upside profits! The building has been immaculately maintained and managed! Configured for five units, but permitted for 6 units, there is instant upside in monthly cashflows with minimal work needed. The list of improvements made over the last few years is extensive. This building is set to make you money for a very long time! Each unit has a unique layout, including a kitchenette, living space, bathroom and private bedroom. With this property, you have the opportunity to raise rent prices, add on an additional unit by finishing the last renovation which is currently being used as storage to bring in instant additional monthly income! This is definitely one multi-family investment,that won’t last long, so contact us today to arrange a walk-through! If you are interested, please, fill out the form below, or contact Tyler at 509-251-2871! **Extant Company, LLC is and EQUAL OPPORTUNITY and FAIR HOUSING Property Management Company. *Agent holds real estate license.

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 6 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
35073.4506
Land Assessment
$36,000
Improvements Assessment
$344,600
Total Assessment
$380,600
  • Listing ID: 11152673

  • Date on Market: 1/5/2018

  • Last Updated:

  • Address: 1619 N Madison St, Spokane, WA 99205

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