Multi Family Home · Spokane, WA

2924 E Broad Ave, Spokane, WA 99217

$445,000 Active MLS® 202620014 Multi Family Home
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ActiveMLS® 202620014
$445,000
2924 E Broad Ave, Spokane, WA 99217
Bds Ba Sq.Ft. 0.15 Ac
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.

Interior Features
  • Additional features
  • Utilities
  • Air conditioning
  • Basement description Full, Finished
  • Pool description
  • Outbuildings
  • Fence
  • Lot dimension 0.15
  • Lot description Fencing, Level
Exterior Features
  • Body of water
  • View Territorial
  • Pool
  • Pool description
  • Outbuildings
  • Fence
  • Lot dimension 0.15
  • Lot description Fencing, Level
  • Foundation
  • Exterior
  • Roofing materials Composition
Location