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Listed by Windermere RE K-2 Realty Jay P. Kincaid
$ 469,000
Est. payment /mo
Active
407 1st AVE Ritzville, WA 99169
1 Bath
4,004 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,004 sqft
Price per Sqft $117
Subdivision Ritzville
MLS Listing ID 2461556
Style 56 - 10+ Units
Year Built 1950
Annual Tax Amount $3,465
Lot Size 10,000 Sqft
Property Sub-Type Multi Family
Property Description
Investment opportunity in the bustling town of Ritzville! Motel built in 1950 has been mostly remodeled with 8 studio apartments, one 1-bedroom unit with a full kitchen, two 2-bedroom units with a full kitchen, and a remodeled office space. New exterior paint, a coin-op laundry room was added and a brand new roof was installed in 2025. Each studio unit has it's own bathroom, a hot plate, microwave, and a small fridge. There are two studio units that need to be remodeled with the potential for 11 total units of income.
Location
State WA
County Adams
Area 381 - Adams County
Interior
Flooring Laminate, Vinyl, Carpet
Fireplace false
Exterior
Exterior Feature Metal/Vinyl, Wood
View Y/N No
Roof Type Composition
Building
Sewer Sewer Connected
Water Public
New Construction No
Schools
School District Ritzville
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
"Three Trees" icon indicates a listing provided courtesy of NWMLS.
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