702 Bernard

Spokane, WA 99204

$2,000,000

Active

Offered at

$2,000,000

Bedrooms

0

Bathrooms

20,732

Square Feet

1

Story

Your Land

🚗

0.18

acres

That's roughly 44 parking spaces

Historic classic

1913

Crafted in an era of meticulous detail

Timeless character awaits

Imagine Living Here

Host & Gather

Make memories with the people you love

  • Spacious entertaining areas

The Story

"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."

Heating

Hot Water + Natural Gas

Located In

Spokane

Spokane

Location

702 Bernard, Spokane, WA

Directions: GPS is accurate

Full Details

-

Bedrooms

-

Bathrooms

20,732

Sq Ft

1913

Year Built

Down Payment20% ($400,000)
Interest Rate6.875%
Loan Term
Principal & Interest$10,511
Property Tax$1,050
Insurance$583

Estimates only. Actual rates may vary.

Property Insights

Price per Sq Ft

$96

Below regional average

Property Age

113 years

🏚️ Vintage — Character and history

Quick Facts

Property Type
Residential Income
Subtype
Multi Family
Lot Size
0.18 ac
School District
Other
MLS Area
Washington Counties
View
City
Basement
Yes
HOA
No
Taxes
$19,428/yr (2024)
Zoning
OR
Parcel #
35194.2407
Days on Market
4
MLS #
26-10535

Listing Provided By

LT Real Estate

Ryan Towner

Ready to see this home?

or call 208-425-SOLD

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