BEDS0
BATHS
MLS#202620014
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLSpokane Dist 81
Property Description
Fully occupied fourplex generating $2,950 per month in gross rental income. The unit mix includes one 2-bedroom unit and three 1-bedroom units, with current rents of $1,200, $700, $525, and $525 per month. This is an excellent opportunity for investors seeking immediate cash flow with additional upside through improved management, property improvements, and future rent increases, or by adding a 5th unit. The property is fully tenant occupied, providing income from day one. Whether youre an experienced investor looking for your next value-add project or someone looking to grow a rental portfolio, this property offers the chance to increase long-term returns while generating income from the start. Entire, 4 property portfolio available as a package.
Property Features
Property Type: Multi Unit - Multiple
Basement: Full, Finished
Basement: Yes
Lot Size: 0.15 Acres
Roof Type: Composition
Year Built: 1948
Feature Descriptions
Association Amenities: None
Exterior: Masonite
Heating/Cooling: Natural Gas, Electric, Forced Air, Baseboard
Lot: Fencing, Level
Parcel#: 36343.2904
Parking: None
Special View Info: Territorial
Local Schools
School District: Spokane Dist 81
Listed By / Shown By
Listed By
Agency Name: Deese Real Estate
Shown By
Agent Name: Abbey Parsons
Agent Phone: (509) 939-0602
Agency Title: Coldwell Banker Tomlinson
Estimate Your Payment
Estimated Payment
$ 1,195.69 per month $1,057.14 Principal & Interest $0.00 Property Tax (data not provided by mls) $138.54 Homeowner's InsuranceChange Payment Information
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Coldwell Banker Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each Office Is Independently Owned And Operated.
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Coldwell Banker Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each Office Is Independently Owned And Operated.
Coldwell Banker and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC. ©2020 of the Spokane Association of REALTORS® MLS. All rights reserved.
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2924 E Broad Ave | MLS# 202620014
This multi-family property located at 2924 E Broad Ave, Spokane, WA 99217 is currently listed for sale with an asking price of $475,000. E Broad Ave is located within the Spokane Dist 81 school district. Search Spokane real estate on www.abbeyparsons.com today.