603 W Augusta Ave, Spokane, WA 99205

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List Price
$349,900
MLS#
202622776
Status
ACTIVE
City
Spokane
Acres
0.09
Living Area
2,050

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.

Additional Information

Year Built
1902
School District
Spokane Dist 81
Frontage
Paved Road
Area/Grid
NW Urban N I-90
MLS Area/Grid#
A330/024
Acres MOL
0.09
Lot Size
4,000
Basement
Unfinished
Heating/Cooling
Natural Gas, Electric, Baseboard
Lot Information
Corner Lot

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Listing courtesy of SARMLS / Redfin

Listings last updated . All information provided is deemed reliable but is not guaranteed and should be independently verified.