16 W Gray Ct Spokane, WA 99205
Listing Courtesy of: Spokane MLS / Windermere/Manito LLC / Lisa Dressel-Ferraro
$469,900
1
BED
1
BATH
3,136
SQFT

  16 W Gray Ct Spokane, WA 99205

Pending (18 Days)

Description

4-Plex with commercial potential. Central city location; 1/2 block west of Division & Bridgeport and on main bus route. 2 units are 1BR/1 BA and 2 are 2BR/1 BA. 3 of 4 units rented. Upper unit #2 remains vacant for showing purposes (2BR/1BA) and has had recent new paint & flooring installed. Rents effective as of 6/1/22 will be: $700 for 1BR/1BA units, $1000 for lower unit #3 (2BR/1BA), and $1,100 estimated for vacant Unit 2 (nicer 2BR/1BA unit; has W/D/hookups). Property has had long-term tenants/steady income (even through COVID)! Exterior storage areas and off-street parking/parking lot at rear of complex. Wonderful opportunity for owner occupancy while earning income; possible 203K potential. Some deferred maintenance needed; excellent investment with upside potential. Seller selling as-is; cannot build for this price. https://www.homesnap.com/WA/Spokane/16-W-Gray-Court?bookshowing

MLS #:
202215581
Taxes
$2,679
Lot Size
7,297 SQFT
Type
Multifamily
Year Built
1977
Style
2 Story
School District
Spokane Dist 81
County
Spokane County
Bathroom Details
Subdivision
  • Whitings 2nd Res L10b19
Lot Information
  • Bus Rt
  • Fncd Frt Yd
  • Level
Property Features
  • Paved
  • Pub Rd
  • Pub Wtr
  • Pub Sewer
  • Swr Conn
Heating and Cooling
  • Basebd
  • Elec
  • Gas
Basement Information
  • Slab
  • No Basement
Garage
  • Off St Prkg
Stories
  • 2
Location
   
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