2924 E Broad Ave, Spokane, WA 99217

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List Price
$445,000
Price Change
▼ $20,000 1785452427
MLS#
202620014
Status
ACTIVE
City
Spokane
Acres
0.15

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 you're 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.

Additional Information

Year Built
1948
School District
Spokane Dist 81
Frontage
City Street, Paved Road
Area/Grid
NE Urban N I-90
MLS Area/Grid#
A340/014
Acres MOL
0.15
Lot Size
6,534
Basement
Full, Finished
Heating/Cooling
Natural Gas, Electric, Forced Air, Baseboard
Lot Information
Fencing, Level
Style
Traditional

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Listing courtesy of SARMLS / Deese Real Estate

Listings last updated . All information provided is deemed reliable but is not guaranteed and should be independently verified.