1423 N Post St, Spokane, WA 99201
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1423 N Post St, Spokane, WA 99201
1423 N Post St, Spokane, WA 99201
1423 N Post St, Spokane, WA 99201
1423 N Post St, Spokane, WA 99201
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Melissa Wilson

Melissa Wilson

+1(509) 389-9622
Listed by Billy Deese • Deese Real Estate
$ 450,000
Est. payment /mo
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Active

1423 N Post St Spokane, WA 99201

2,730 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Residential Income

Listing Status Active

Purchase Type For Sale

Square Footage 2,730 sqft

Price per Sqft $164

MLS Listing ID 202621003

Style Craftsman

Year Built 1906

Lot Size 6,969 Sqft

Lot Dimensions 0.16

Property Sub-Type Residential Income

Property Description

Fully occupied 4-unit investment property just minutes from downtown Spokane and the Arena. Unit mix includes one studio, two 1-bedroom/1-bath units and one 2-bedroom/1-bath unit, currently generating approximately $3,350/month ($40,200/year) in gross rent. All tenants are month-to-month and pay their own electric and heat, creating immediate flexibility for the next owner. Current rents offer potential upside as units turn or rents are adjusted, subject to applicable landlord-tenant laws. Property also includes a large 3-car garage with workshop space, alley access and additional income potential. Fresh exterior paint, 2,730 sq ft, four existing income streams and room to improve performance. A solid opportunity for an investor looking for existing cash flow with value-add potential.

Location

State WA

County Spokane

Rooms

Basement Full, Unfinished

Interior

Heating Electric, Ductless

Appliance Free-Standing Range, Refrigerator, Washer, Dryer

Exterior

Parking Features Attached, Workshop in Garage, Off Site, Alley Access, Oversized

Garage Spaces 3.0

Amenities Available None

View Y/N true

View Territorial

Roof Type Composition

Building

Lot Description Fencing, Level

Architectural Style Craftsman

Structure Type Vinyl Siding,Shake Siding

Schools

Elementary Schools Garfield

Middle Schools Glover

High Schools North Central

School District Spokane Dist 81

Others

Acceptable Financing Conventional, Cash

Listing Terms Conventional, Cash

Melissa Wilson

Melissa Wilson

Broker

+1(509) 389-9622

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1423 N Post St