Spokane Valley, WA 99206,11906 E Main Ave #11902
Spokane Valley, WA 99206,11906 E Main Ave #11902
Spokane Valley, WA 99206,11906 E Main Ave #11902
50
Listed by Jeff Hornberger • The Hornberger Group, LLC
Bought with Steve Jones
$500,000
$980,000
49.0%
Est.Price: ?

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5,412 SqFt

11906 E Main Ave #11902 Spokane Valley, WA 99206

Est. payment /mo
SOLD DATE : 03/07/2022

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Key Details

Sold Price $500,000

Property Type Multi-Family

Sub Type Rental

Listing Status Sold

Purchase Type For Sale

Square Footage 5,412 sqft

Price per Sqft $92

MLS Listing ID 202210653

Sold Date 03/07/22

Style Rancher

Year Built 1953

Annual Tax Amount $4,476

Lot Size 0.880 Acres

Lot Dimensions 0.88

Property Sub-Type Rental

Property Description

Looking for an investment property with immediate upside? These two parcels must be sold together and include 3 traditionally built duplexes and 1 larger converted duplex. The smaller duplexes feature 1 bedroom and 1 bath on each side. One bedrooms in this area are so popular being they are walking distance to bus routes and shopping. All units are ground level with only 1 step for entry. Projected rents with light rehab is $995/mo. Owner has increased some rents to $875 in as-is condition. Washer and dryer has been added to 4/6 1 bedroom units as well. All flat roofs have recently been replaced and have tons of life on them. The single family home was converted into a duplex. The upstairs unit is a 4 bedroom 3 bathroom with appx 1200 sqft and includes an attached 1 car garage. The basement unit has separate entrance and is a 2 bed 1 bath with appx 1000 sqft. Zoning in this area is corridor mixed use for those who may want a value add opportunity. All units have either a carport or covered garage.

Location

State WA

County Spokane

Rooms

Basement See Remarks

Interior

Interior Features Utility Room

Heating Gas Hot Air Furnace, Electric, Forced Air

Fireplaces Type Woodburning Fireplce

Appliance Free-Standing Range, Refrigerator

Exterior

Parking Features Attached, Carport

Garage Spaces 3.0

Carport Spaces 5

Amenities Available Patio, None

View Y/N true

View City

Roof Type Composition Shingle

Total Parking Spaces 4260

Building

Lot Description Level

Story 1

Architectural Style Rancher

Structure Type Siding, Wood

Schools

Elementary Schools Opportunity

Middle Schools North Pines

High Schools University

School District Central Valley

Others

Acceptable Financing Conventional, Cash

Listing Terms Conventional, Cash

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Lisa Johnson

Lisa Johnson

Managing Broker | License ID: 28050

+1(509) 990-9871

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