Property Details

We are pleased to present the Sixth Avenue Apartments for sale located at 7307 E 6th Ave in the Spokane Valley. The Sixth Avenue Apartments consist of 6 units, including 1 two bedroom one bathroom unit, 4 one bedroom one bathroom units, and 1 studio cottage located on the same parcel. The property also features a common area coin operated washer and dryer, covered tenant carports, a storage shed, ample off street parking, and a patio area for tenants.Investor Friendly Location – Spokane Valley location with lower utility costs, 120 day rent increase notices versus 180 days in the City of Spokane, and fewer regulatory restrictionsInterior and Exterior Upgrades – Unit 7309 received new flooring, shower surround and valve, toilet, and fixtures, Unit 5-Basement received a new shower, flooring, paint, epoxy coating, and lighting, and Unit 7307-Cottage plus the storage shed were freshly painted with landscaping improvements completed throughout the propertyExit Flexibility – The cottage sits on its own portion of the large 0.42 acre lot and may provide the opportunity for a future subdivision and separate saleUpdated Systems – Romex electrical wiring, Siemens electrical panels, and updated PEX and galvanized plumbing will help simplify insurance and reduce future capital expendituresAdditional Income Opportunities – Covered carports and common area washer and dryer facilities provide additional income potential