BEDS6
BATHS3
SQUARE FEET3,000
MLS#202625404
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLSpokane Dist 81
Property Description
Investors, heres an opportunity to add a well-maintained triplex with a solid rental history to your portfolio or house hack by living in the upstairs unit and renting out the lower 2 units to offset your costs! Situated near picturesque Underhill Park in Spokane, this property offers three comfortable 2-bedroom, 1-bath units, providing strong rental appeal and multiple income streams. One unit has been completely updated, while the property as a whole has a proven rental history and currently generates $3,750 per month. Each unit features its own gas forced-air furnace, allowing for individual heating control and helping provide efficient, reliable heating for tenants. Operating expenses include approximately $400 per month for water, sewer, and garbage, $50 per month for common-area electricity, and $3250 for insurance. The currently vacant upstairs unit creates a unique opportunity for an owner-occupant and with the 1 car garage in the back it gives the opportunity for you or additional income.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Partial
Garage: 1
Roof Type: Composition
Stories: 2.0
Year Built: 1907
Feature Descriptions
Additional Structures: Stge Shd
Association Amenities: Laundry
Days on Site: 4
Exterior: Wood Siding
Heating/Cooling: Electric, Baseboard, Ductless
Interior: High Speed Internet, Pantry, Kitchen Island, In-Law Floorplan
Lot: Level, City Bus (w/in 6 blks), Fencing
Parcel#: 35211.4721
Parking: Detached, Off Site, Alley Access
SQ. FT. Total: 3000
Utilities: Cable Available
Local Schools
High School: Lewis & Clark
Middle School: Chase
Elementary School: Franklin
School District: Spokane Dist 81
Listed By / Shown By
Listed By
Agency Name: REAL Broker LLC
Shown By
Agent Name: Abbey Parsons
Agent Phone: (509) 939-0602
Agency Title: Coldwell Banker Tomlinson
Estimate Your Payment
Estimated Payment
$ 1,069.82 per month $945.87 Principal & Interest $0.00 Property Tax (data not provided by mls) $123.96 Homeowner's InsuranceChange Payment Information
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2718 E 5th Ave | MLS# 202625404
This multi-family property located at 2718 E 5th Ave, Spokane, WA 99202 is currently listed for sale with an asking price of $425,000. E 5th Ave is located within the Spokane Dist 81 school district. Search Spokane real estate on www.abbeyparsons.com today.