About This Home
This 1-bedroom, 2-bathroom residential multi family at 1119 W Augusta Ave in Spokane, WA is listed for $830,500 ($193 per sqft). Built in 1905, the home offers 4,309 sqft of living space on a 0.14 acres lot.
Key Features
- Built in 1905
- 0.14 acre lot
- 2 stories
- 10 parking spaces
Property Details
Amenities
High-Yield Multifamily Opportunity in Spokane! This fully renovated 8-unit apartment building offers investors an exceptional 9.66% CAP Rate in a high-demand rental market. Every unit has been updated, significantly reducing immediate capital expenditure risk and supporting a "turn-key" ownership experience.
The property's desirability is proven by its recent performance. Introducing a turnkey fully renovated, centrally located 8-unit multi-family nestled in the heart of Spokane. This historic property exudes old-world charm and presents an attravtive investment opportunity.
With alley access , there's ample off-street parking, a significant asset in any urban setting. A shared laundry facility adds conveniece for residence and separately metered units allow for straightforward utility management. Its proximity to downtown and Kendall Yards makes it an attractive choice for those desiging central, vibrant living. Don't miss this opportunity to invest in a piece of Spokane's history with excellent return
Monthly Cost Estimate
$4,442/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1119 W Augusta Ave
Spokane, WA 99205
Features & Amenities
Interior Features
Property Details
Construction
Parking
Heating
Cooling
Appliances
Questions & Answers
This 1-bedroom, 2-bathroom residential multi family at 1119 W Augusta Ave is listed at $830,500 ($193/sqft). The estimated monthly payment is $4,441 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1905, 0.14 acre lot, 2 stories, 10 parking spaces. Interior Features: Hot Water, High Speed Internet.
This property is listed by Jessica Morales and can be reached at (509) 535-8400.