1911 W 2nd Avenue, Spokane, WA

1911 W 2nd Avenue, Spokane, WA, USA

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664 m2

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Washington

Description

Well-maintained, prime value-add opportunity. With the ability to acquire residential financing as an owner-user operator, investors can benefit from more favorable loan terms while capitalizing on a 28% rent increase as-is and up to 43% through renovations. Major system upgrades—including updated electrical panels, roof, and furnace—limit near-term capital expenditures. Located in one of Spokane’s most desirable neighborhoods, the property features ample on-site parking, excellent transit access, and potential for future development. Buyers can also scale their investment by acquiring the adjacent Oak and Espanola Annex properties, creating a unique 56-unit portfolio opportunity. Schedule a Private Showing

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$425,000

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Max Frame

$425,000
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Max Frame