Kathy Bixler
Residential Specialist
REALTOR®
BEDS6
BATHS4
SQUARE FEET6,500
MLS#202624145
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLSpokane Dist 81
Property Description
The property providing excellent potential for an investor owner-user, or developer. 3 parcel downtown Spokane assemblage with existing improvements and additional development land. Zoned DTG allowing for a variety of residential, office, retail, warehouse space and other mixed-use opportunities. Total of three parcel of land comprising 13,336 sq ft. The building was affected by a fire and has a total living area of approximately 6,500 square feet. The third floor has moderate fire damage, primarily to the roof. The middle floor has been completely gutted down to the bare shell. The bottom floor requires some minor repairs but is otherwise livable. The property also features existing utility infrastructure, including overhead power, and a 1 inch existing water line and a 6 inch concrete sewer conduit stub to the property. The existing infrastructure will support up to 12 units with the potential to support up to 24 units. The fiveplex sits on Modern Engineering Foundation 93 inches tall by 8 inch ?thick.
Property Features
Property Type: Multi Unit - Multiple
Basement: Full, Finished, Daylight, Laundry, Walk-Out Access
Basement: Yes
Fenced: Yes
Roof Type: Composition
Stories: 2.0
Year Built: 1901
Feature Descriptions
Association Amenities: None
Days on Site: 1
Exterior: Brick Veneer, Siding
Heating/Cooling: Electric, Baseboard
Lot: Fenced Yard, Level, Open Lot, Cul-De-Sac, Oversized Lot
Parcel#: 25241.4717
Parking: None
Special View Info: City
SQ. FT. Total: 6500
Local Schools
High School: Lewis & Clark
Middle School: Sacajawea
Elementary School: Roosevelt
School District: Spokane Dist 81
Listed By / Shown By
Listed By
Agency Name: Kelly Right Real Estate of Spokane
Shown By
Agent Name: Kathy Bixler
Agent Phone: (509) 879-4493
Agency Title: Coldwell Banker Tomlinson
Estimate Your Payment
Estimated Payment
$ 1,056.99 per month $934.52 Principal & Interest $0.00 Property Tax (data not provided by mls) $122.47 Homeowner's InsuranceChange Payment Information
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518 S Elm St | MLS# 202624145
This multi-family property located at 518 S Elm St, Spokane, WA 99220 is currently listed for sale with an asking price of $419,900. S Elm St is located within the Spokane Dist 81 school district. Search Spokane real estate on www.kathybixler.com today.