702 S Bernard St, Spokane, WA 99204

$2,000,000
20,732
SqFt

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List Price
$2,000,000
MLS#
202622775
Status
ACTIVE
City
Spokane
Acres
0.18
Living Area
20,732

Property Description

This 15-unit multifamily property is located on Spokane’s desirable South Hill and features a mix of 12 one-bedroom units and 3 two-bedroom units. The 20,732 SF building was built in 1913 and offers 7 off-street parking stalls and on-site laundry. The property is offered at $2,000,000, or $133,333.33 per unit, with gross monthly income of $20,420.42, a reported NOI of $131,155.72, and a 6.56% cap rate.

Additional Information

Year Built
1913
School District
Spokane Dist 81
Frontage
City Street, Paved Road
Area/Grid
SW Urban S I-90
MLS Area/Grid#
A220/032
Acres MOL
0.18
Lot Size
8,025
Basement
Full, Partial
Heating/Cooling
Natural Gas, Hot Water

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Calculator source: Real Geeks

Listing courtesy of SARMLS / LT Real Estate

Listings last updated . All information provided is deemed reliable but is not guaranteed and should be independently verified.