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1115 1st St
Cheney, WA 99004
The Greystone · Multifamily Property For Sale · 11 Units
PROPERTY FACTS
| No. Units | 11 | Lot Size | 0.19 AC |
| Property Type | Multifamily | Building Size | 8,706 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low Rise | Year Built | 1970 |
| Building Class | C | Parking Ratio | 1.72/1,000 SF |
| No. Units | 11 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.19 AC |
| Building Size | 8,706 SF |
| No. Stories | 3 |
| Year Built | 1970 |
| Parking Ratio | 1.72/1,000 SF |
Unit Amenities
- Heating
- Kitchen
- Oven
- Range
About 1115 1st St , Cheney, WA 99004
This is a well kept, highly visible 11 unit apartment in Cheney, Washington with great access to EWU. Currently way under-rented, this building offers a lot of upside in rents. Well maintained with an exceptionally low maintenance exterior and grounds. The walkways and stairs are concrete with aluminum railings. The interiors are in average condition meaning well maintained but not upgraded recently. All units are individually metered for their own heat, lights, hot water. There is a common laundry facility with leased machines and a separate room with a storage locker for each tenant. Ample, uncovered and unpaved parking is available in both the front and rear of the property. Rents are way below market but all leases turnover in the June - August time period allowing a new owner to step up the rents immediately.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 11 | - | - |
PROPERTY TAXES
| Parcel Number | 13131.0506 | Improvements Assessment | $1,395,422 |
| Land Assessment | $165,507 | Total Assessment | $1,560,930 |
PROPERTY TAXES
zoning
| Zoning Code | R |
| R |
