518 S Elm St, Spokane, WA 99220
- $419,900
- 6,500
- SqFt
- List Price
- $419,900
- MLS#
- 202624145
- Property Sub-Type
- Residential Income
- Current MLS Listing Sale Status
- New
- Financing Terms
- Conventional, Cash
- City
- Spokane
- Acres
- 0.07
Property Description
The property providing excellent potential for an investor owner-user, or developer. 3 parcel downtown Spokane assemblage with existing improvements and additional development land. Zoned DTG allowing for a variety of residential, office, retail, warehouse space and other mixed-use opportunities. Total of three parcel of land comprising 13,336 sq ft. The building was affected by a fire and has a total living area of approximately 6,500 square feet. The third floor has moderate fire damage, primarily to the roof. The middle floor has been completely gutted down to the bare shell. The bottom floor requires some minor repairs but is otherwise livable. The property also features existing utility infrastructure, including overhead power, and a 1 inch existing water line and a 6 inch concrete sewer conduit stub to the property. The existing infrastructure will support up to 12 units with the potential to support up to 24 units. The fiveplex sits on Modern Engineering Foundation 93 inches tall by 8 inch –thick.
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Additional Information
- Year Built
- 1901
- MLS Area/Grid
- SW Urban S I-90
- MLS Area/Grid Number
- A220/040
- Parcel Number
- 25241.4717
- School District
- Spokane Dist 81
- Elementary School
- Roosevelt
- Middle School
- Sacajawea
- High School
- Lewis & Clark
- Features
- Breakers
- Home Amenities
- None
- Home Total Sq Ft
- 6,500
- Basement
- Full, Finished, Daylight, Laundry, Walk-Out Access
- Heating/Cooling
- Electric, Baseboard
- Style
- Contemporary
- Roof Style
- Composition
- Frontage
- Paved Road, City Street
- Acres MOL
- 0.07
- Lot Size
- 3,000
- Lot Information
- Fenced Yard, Level, Open Lot, Cul-De-Sac, Oversized Lot
- Property Sub-Type
- Residential Income
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Listing courtesy of SARMLS / Kelly Right Real Estate of Spokane
Listings last updated . All information provided is deemed reliable but is not guaranteed and should be independently verified.