Rare opportunity to own two fully rented fourplexes (8 units total) in Spokane’s highly desirable Gonzaga District—just minutes from Gonzaga University, public transportation, and Downtown Spokane! These well-maintained buildings boast a combined gross income of approximately $115,000 annually, with five of the eight units fully remodeled, including the two most recent rentals bringing in $1,400/month each. All units are 2 bed / 1 bath and feature in-unit laundry, making them highly attractive to tenants along with the 8 car carport and 6 storage units. Investors will appreciate the stability and strong cash flow without the need for commercial financing. All appliances, including washers and dryers, are included in the sale, making this a truly turnkey investment. Recent improvements include new roofs on both the main complex and carport, updated siding and exterior paint. Showings available with accepted offer only. Please don't disturb tenants. Seller is a licensed real estate agent.
Active
Price cut: $50K (11/7)
$1,250,000
2405 N Cincinnati St #2411, Spokane, WA 99207
16beds
8baths
7,312sqft
Est.:
Multi Family
Built in 1976
-- sqft lot
$1,200,200 Zestimate®
$171/sqft
$-- HOA
What's special
In-unit laundryUpdated sidingExterior paintNew roofs
- 57 days |
- 163 |
- 17 |
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