612 W Sharp Ave
Spokane WA 99201
612 W Sharp Avenue
612 W Sharp Ave Spokane WA 99201
Listing #: 675459 | Status: Pending | Last Modified: 5/1/2024 |
For Sale
- Phone:(509) 599-6504
- Email:chris@bornhoft.com
- Office Name:Bornhoft Commercial
- Office Phone:(509) 279-0249
- Office Website:
- Agent Phone:(509) 714-5071
- Agent Email:barb@bornhoft.com
- Call Listing AgentNo
- Use DiscretionNo
- Listing Price$ 999,000.0
- $/SF$ 262.1
- $/Unit$ 999,000.0
- Listing StatusPending
- Days on Market133
- Asset ClassMulti-Family
- Terms
- Investment Type
- Investment PropYes
- Gross Income0
- Vacancy Factor %0.00%
- Operating Expenses0
- Net Operating Income0
- CAP Rate 0.00 %
- Min Total SF0
- Max Total SF0
- Lease Rate Low$ 00.0
- Lease Rate High$ 00.0
- Heat Source
- Total Units
- Water
- Electricity
- Storm Sewer
- SignageSignage on Building and Freestanding
- Anchor
- Building StatusExisting
- # of Buildings1
- # of Floors2
- # of Units6
- # of Elevators
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Total Building SF3812
- Net Rentable Area3812
- Total Office SF
- Largest Contiguous SF
- Lot SF8276
- Acres0.19
- Property TypeMulti-Family
- Office Type
- Building Class
- CountySpokane
- Vicinity
- Location Description
- Second Address
- Cross Street
- Market AreaCBD & Periphery
- Tax ID #35181.3107
- Additional Parcels
- ZoningOR
- Year Built1954
- Year Renovated2023
- Completion Date
- Roof Type
- Construction TypeSteel
Multifamily Apartment Building
Located in the heart of the action, this newly remodeled 6-unit complex is strategically situated near the Spokane Arena, offering easy access to events and entertainment. Additionally, enjoy the convenience of being close to restaurants, shopping centers, and a bus route. Higher end finishes and (LVP) flooring throughout and new water heaters for each unit. 5 spacious one-bedroom units and a cozy studio unit with views of the city. Benefit from the convenience of a separate shared laundry room, ample parking and fenced back yard. Durable brick exterior with newer roof and each unit is separately metered. Rental history is below market value, offering investors the chance to maximize returns and elevate the property's overall value.
