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912 S Madison St
Spokane, WA 99204
Multifamily Property For Sale
·
9 Units
Investment Highlights
- On Site Laundry Facility
- 9 Units total
- Covered Carport Parking
Executive Summary
Two Buildings on One Lot
Triplex: 3 - 2 Bed/1 Bath Units
6 Unit: 1 - Studio/1 Bath, 3 - 1 Bed/1 Bath Units, 2 - 2 Bed/1 Bath Units
Rental Income of $10,261/Month
On Site Laundry Facilities
Covered Carport Parking
Triplex: 3 - 2 Bed/1 Bath Units
6 Unit: 1 - Studio/1 Bath, 3 - 1 Bed/1 Bath Units, 2 - 2 Bed/1 Bath Units
Rental Income of $10,261/Month
On Site Laundry Facilities
Covered Carport Parking
Property Facts
| Price Per Unit | $116,667 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.30 AC |
| Cap Rate | 7.39% | Building Size | 10,568 SF |
| No. Units | 9 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1971 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise | ||
| Zoning | RSF | ||
| Price Per Unit | $116,667 |
| Sale Type | Investment |
| Cap Rate | 7.39% |
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.30 AC |
| Building Size | 10,568 SF |
| No. Stories | 2 |
| Year Built | 1971 |
| Opportunity Zone |
Yes |
| Zoning | RSF |
Amenities
Unit Amenities
- Heating
- Kitchen
- Refrigerator
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | - | - |
| 1+1 | 3 | - | - |
| 2+1 | 5 | - | - |
Property Taxes
| Parcel Number | 35193.1001 | Improvements Assessment | $974,800 |
| Land Assessment | $145,200 | Total Assessment | $1,120,000 |
Property Taxes
Parcel Number
35193.1001
Land Assessment
$145,200
Improvements Assessment
$974,800
Total Assessment
$1,120,000
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