303 S Empire Blvd
Property Description
RARE INCOME PROPERTY OPPORTUNITY! Investor-focused property featuring six total units including a spacious main home, a second single-family residence, and two duplexes- some with bay views and strong income potential. This versatile setup offers multiple investment strategies, including full rental income or owner-occupy the main home while generating revenue from the five additional units.Located on two separate tax lots with commercial zoning, this property provides flexibility and long-term investment potential. The grounds and buildings have been well maintained, helping ensure an easy transition for the next owner.Recent improvements include vinyl windows and newer roofs on three of the four buildings within the past 8ish years, along with other quality updates that support long-term value and reduced maintenance costs.With six potential income streams and commercial zoning, this is a rare opportunity for investors seeking cash flow, portfolio expansion, or mixed-use potential.Units are occupied. Please do not disturb tenants. A minimum 24-hour notice is required for all showings.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $1,200,000 |
| No. of Units: | 6 |
| Year Built: | 1948 |
| Opportunity Zone: | No |
| Price per unit: | $200,000 |
| Property Website | Click Here |
| Number of Bedrooms: | 14 |
| Number of Bathrooms: | 7 |
ID: 3yd-RMLSOR-547167522
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Cap Rate Calculation
Step 4Final Deal Analysis
Similar Properties in the Area
1424 E EMPIRE Ave
Spokane, Washington
Lewis St
Aberdeen (WA), Washington
215 N 76th Avenue, Unit 1
Yakima, WashingtonBrokers
View All-
Remax Professionals
Re/Max Real Estate Professionals | New York
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout