418 E Mission Ave, Spokane, WA 99202
- $1,050,000
- 6,000
- SqFt
- List Price
- $1,050,000
- MLS#
- 202614399
- Property Sub-Type
- Residential Income
- Current MLS Listing Sale Status
- Active
- Financing Terms
- FHA, Conventional, Cash, Commercial
- City
- Spokane
- Acres
- 0.16
Property Description
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
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Additional Information
- Year Built
- 1905
- MLS Area/Grid
- NE Urban N I-90
- MLS Area/Grid Number
- A340/025
- Parcel Number
- 35172.0303
- School District
- Spokane Dist 81
- Elementary School
- Logan
- Middle School
- Yasuhara
- High School
- North Central
- Home Amenities
- Laundry, Gas, See Remarks
- Home Total Sq Ft
- 6,000
- Basement
- Finished
- Heating/Cooling
- Natural Gas, Forced Air
- Style
- Craftsman
- Roof Style
- Composition
- Frontage
- City Street, Paved Road
- Acres MOL
- 0.16
- Lot Size
- 6,970
- Lot Information
- Level
- Property Sub-Type
- Residential Income
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Listing courtesy of SARMLS / SVN Cornerstone
Listings last updated . All information provided is deemed reliable but is not guaranteed and should be independently verified.