Well-maintained 7-unit apartment property built in 1911, offering a prime value-add opportunity in a central Spokane location near major employers, parks, schools, and everyday amenities. With nearly $115,000 in recent capital improvements, buyers are perfectly positioned to immediately focus on unit upgrades to push rents and increase returns. Recent work includes new electrical panels, furnace, windows, siding, and fresh exterior paint supporting strong day-one operations and reducing near-term capex. Investors can capture an estimated 16% rent growth as-is, with potential to drive approximately 28% upside with renovations. Excellent transit access with multiple bus stops within walking distance, making travel throughout Spokane easy.
Listed By
Agency Name: SVN Cornerstone
Shown By
Agent Name: Barb Christensen
Agent Phone: (509) 979-2194
Agency Title: Coldwell Banker Tomlinson
Estimated Payment
$ 1,687.79 per month $1,157.29 Principal & Interest $378.83 Property Tax $151.67 Homeowner's Insurance
1704 N Ash St | MLS# 202613495
This multi-family property located at 1704 N Ash St, Spokane, WA 99205 is currently listed for sale with an asking price of $520,000. N Ash St is located within the Spokane Dist 81 school district. Search Spokane real estate on www.barbchristensen.com today.