1115 1st St, Cheney, WA 99004

$1,200,000 Active MLS® 202620912 Commercial
ActiveMLS® 202620912
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1115 1st St, Cheney, WA 99004 photo
Commercial
MLS® 202620912
$1,200,000
1115 1st St, Cheney, WA 99004
0.19 Acres 9,600 Sq.Ft. Built 1970
Description

Cash flowing 11 unit apartment building in the heart of Cheney, home to Eastern Washington University. The unit mix (seven1-bed/1-bath, four 2-bed/1-bath) is perfectly suited to the steady demand of a college town. This is a low-maintenance investment from day one: newer roof, updated vinyl siding and windows, concrete walkways, and off-street parking mean fewer surprises and lower carrying costs. Rents are still under market, leaving real upside for a new owner to step in and capture immediate value. With Cheney's tight rental market and major new business growth on the West Plains driving long-term demand. Don't wait, cash flowing, college town assets like this don't last.

Interior features
  • Basement description None
  • Lot dimension 0.19
Exterior features
  • View City
  • Lot dimension 0.19
  • Roofing materials Composition

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