702 Bernard, Spokane, WA 99204

$2,000,000
20,732
SqFt

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List Price
$2,000,000
Status
ACTIVE
MLS#
26-10535
Style
Multi Level
Year Built
1913
Acres
0.18
Living Area
20,732
Region
Washington Counties
Subdivision
N/A

Property Description

This 15-unit multifamily property is located on Spokane's desirable South Hill and features a mix of 12 one-bedroom units and 3 two-bedroom units. The 20,732 SF building was built in 1913 and offers 9 off-street parking stalls and on-site laundry. The property is offered at $2,000,000, or $133,333.33 per unit, with gross monthly income of $20,420.42, a reported NOI of $131,155.72, and a 6.56% cap rate.

Additional Information

Taxes
$19,427
Lot Features
Level
Basement
Part Finished
Heating
Hot Water, Natural Gas
Water
Public
Sewer
Public Sewer
School District
Other

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Listing courtesy of SARMLS / LT Real Estate