Multi Family Home · Spokane, WA

1117 W Providence Ave, Spokane, WA 99205

$285,000 Pending MLS® 202617383 Multi Family Home
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PendingMLS® 202617383
$285,000
1117 W Providence Ave, Spokane, WA 99205
Bds Ba 1,800 Sq.Ft. 0.14 Ac
Description

Investor opportunity in the Garland District! Fully leased duplex with gross monthly rent of $2,450/month and an annualized NOI of approximately $23,512.56 based on current operating performance. Each 900 sq. ft. unit offers 2 bedrooms, 1 bathroom, in-unit laundry, full kitchen, oversized primary bedroom with double closets, dedicated carport, and private storage. Numerous updates have already been completed, including a reroof in 2016, updated flooring, paint, and appliances in select units. Alley access, off-street parking, and shared green space provide added tenant appeal. Just one block from the Garland District, tenants enjoy convenient access to restaurants, shopping, entertainment, parks, and public transportation, supporting strong long-term rental demand and future upside.

Interior Features
  • Additional features
  • Utilities
  • Air conditioning Wall Unit(s)
  • Basement description None
  • Pool description
  • Outbuildings
  • Fence
  • Lot dimension 0.14
  • Lot description
Exterior Features
  • Body of water
  • View Territorial
  • Pool
  • Pool description
  • Outbuildings
  • Fence
  • Lot dimension 0.14
  • Lot description
  • Foundation
  • Exterior
  • Roofing materials Composition
Location