Built in 2017 this 10-unit Townhouse complex is always rented/0ccupied ~ Great opportunity in a great location~ All 10 units are 1040' sq feet with 2 beds and 2 baths~ Main floor is living area, 1/2 bath, kitchen with granite countertops and full appliance package. (Stove, DW, Refrigerator and Microwave plus washer and dryer in each unit) 2nd floor is 2 bedrooms with full bath between and laundry in the hallway~ High efficiency gas furnace + AC in each unit and separate meters for utilities. Owner pays Water/Sewer/Garbage through City of Spokane ($1060 per month) Each unit pays $1400 per month rent ~ there is separate shop/garage with single studio style office space with kitchenette and full bathroom plus 2 garage spaces that rents for $500 per month. Hardy board Exteriors/Vinyl Windows/Electric Water Heaters/ Sprinkler System/Comp Roof ~ UNITS ARE 7 Yrs NEW
• ~3,750 Square Feet of Warehouse Space • ~1,305 Square Feet of Office Space • New LVP Flooring & Paint in Office Area • 3 Overhead Doors (10x10, 11x11, 11x12) • Sellers are Licensed Brokers in Washington State
Investors, take note of this enticing opportunity: a fully rented, income-producing 6-plex that promises both immediate returns and long-term potential. Situated conveniently close to shopping and dining options, this property boasts a prime location that enhances its appeal to tenants and investors alike. The single-story layout of all units, each featuring one bedroom and one bathroom, ensures accessibility and comfort for residents, catering to a diverse range of potential renters, from young professionals to retirees. In addition to the convenience of off-street parking, the inclusion of laundry facilities and storage space in the basement adds practical value to the property, further enticing tenants. For investors, the prospect of steady rental income from fully occupied units, coupled with the potential for property appreciation in a rapidly developing area, makes this 6-plex an attractive addition to any portfolio.
Well established Midori Sushi & Teriyaki restaurant. Very loyal and growing customer base. Great Garland location! Reasonable lease rate with 6.5 years remaining. Building is in good condition and has 17 paved parking spots. High traffic counts on both Garland and Monroe. Great sales volume for this very popular niche market.
The median home value in Spokane, WA is $383,100. This is lower than the county median home value of $385,700. The national median home value is $338,100. The average price of homes sold in Spokane, WA is $383,100. Approximately 53.59% of Spokane homes are owned, compared to 40.58% rented, while 5.83% are vacant. Spokane real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Spokane real estate agent to arrange a tour today!
Spokane, Washington 99205 has a population of 225,709. Spokane 99205 is less family-centric than the surrounding county with 26.53% of the households containing married families with children. The county average for households married with children is 30.49%.
The median household income in Spokane, Washington 99205 is $56,977. The median household income for the surrounding county is $64,079 compared to the national median of $69,021. The median age of people living in Spokane 99205 is 36.4 years.
The average high temperature in July is 83.5 degrees, with an average low temperature in January of 24 degrees. The average rainfall is approximately 17.2 inches per year, with 43.9 inches of snow per year.