$500,000

About This Home

A rare find in downtown Spokane! This beautiful Browne's Addition apartment building would be the perfect property to add to any investment portfolio or an ideal purchase for a beginning investor who wants a solid building and great tenants already in lease. This historic 6-unit complex offers 5 studios all with private bathrooms, 1 larger one-bedroom unit, and room to add equity with an unfinished attic space that can be converted to a light and bright 7th unit featuring tons of original windows and views of nearby Coeur d'Alene park. Tenants have access to coin-op laundry in the basement, but even the laundry room and basement could be renovated to become a potential 8th unit or maybe a rentable office space! There is off-street parking available for tenants in the onsite parking lot behind the building, as well as water/sewer/garbage included in rents making this complex extremely popular with tenants and very few vacancies over the years. Call your agent to book your showing today!

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