9% CAP RATE. Turn key investment. front tenant 10 years, back tenant 4 years and both want to stay. They both paid thru the Covid nightmare. Roof 5 years old. Exterior paint one year old. Rents $850/ea. tenant pays all utilities. 20% down mortgage payment at 3.5% rate would be about $1250 PITI, income $1675 $425 cash flow per month with absolutely no work.
Off market
$345,700
1417 E Broad Ave, Spokane, WA 99207
2beds
1,536sqft
MultiFamily
Built in 1993
-- sqft lot
$345,700 Zestimate®
$225/sqft
$1,401 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Baseboard, Electric
Cooling
- None
Appliances
- Included: Dishwasher, Range / Oven, Refrigerator
Features
- Basement: None
Interior area
- Total interior livable area: 1,536 sqft
Property
Parking
- Parking features: Off-street
Features
- Exterior features: Wood
- Has view: Yes
- View description: None
Lot
- Size: 5,227 sqft
Details
- Parcel number: 363333914
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Composition
Condition
- Year built: 1993
Community & neighborhood
Location
- Region: Spokane
Services availability
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$345,700
2% more+ $6,914
With Zillow Showcase(estimated)
$352,614