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Listed by Lee Ferrari • Redfin
$ 349,900
Est. payment | /mo
2,050 SqFt
$ 349,900
Est. payment | /mo
2,050 SqFt
Key Details
Property Type Multi-Family
Sub Type Residential Income
Listing Status Active
Purchase Type For Sale
Square Footage 2,050 sqft
Price per Sqft $170
MLS Listing ID 202622776
Year Built 1902
Annual Tax Amount $3,946
Lot Size 3,920 Sqft
Lot Dimensions 0.09
Property Sub-Type Residential Income
Property Description
Welcome to 603 W Augusta Ave, Units 601 & 601 1/2—a recently remodeled triplex with a strong rental history and excellent occupancy since 2021. The property features a 2-bedroom house with in-unit laundry, plus an attached duplex addition fronting Howard Street that includes a 2-bedroom unit and a studio. The property has benefited from consistent tenant demand, with tenants renewing annually. Each tenant pays their own electricity, helping keep operating expenses manageable. Recent improvements include a new roof, new siding on the additional structure, new flooring and a refrigerator in the studio, and a new hot water tank. Located directly across from North Central High School, this property offers an attractive opportunity for investors seeking an established income-producing property or owner-occupants looking to live in one unit while generating rental income from the other two. Current leases provide immediate rental income, with additional opportunity for future rent increases.
Location
State WA
County Spokane
Rooms
Basement Unfinished
Interior
Heating Natural Gas, Electric, Baseboard
Exterior
Parking Features None
Amenities Available None
View Y/N true
Roof Type Composition
Building
Lot Description Corner Lot
Structure Type Wood Siding
Schools
School District Spokane Dist 81
Others
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash
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