1119 W Augusta Ave, Spokane, WA 99205

$830,500
4,309
SqFt

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Property Description

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

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Listing courtesy of SARMLS / EXIT Real Estate Professionals

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