2924 E Broad Ave, Spokane, WA 99217
2924 E Broad Ave, Spokane, WA 99217
2924 E Broad Ave, Spokane, WA 99217
2924 E Broad Ave, Spokane, WA 99217
2924 E Broad Ave, Spokane, WA 99217
2924 E Broad Ave, Spokane, WA 99217
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CHRISTA HERMOSILLO

CHRISTA HERMOSILLO

+1(208) 500-2231
Listed by Billy Deese • Deese Real Estate
$ 445,000
Est. payment | /mo

6,534 Sqft Lot

Save
$ 445,000
Est. payment | /mo
Save

6,534 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Residential Income

Listing Status Active

Purchase Type For Sale

MLS Listing ID 202620014

Style Traditional

Year Built 1948

Lot Size 6,534 Sqft

Lot Dimensions 0.15

Property Sub-Type Residential Income

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.

Location

State WA

County Spokane

Rooms

Basement Full, Finished

Interior

Heating Natural Gas, Electric, Forced Air, Baseboard

Appliance Free-Standing Range, Refrigerator

Exterior

Parking Features None

Amenities Available None

View Y/N true

View Territorial

Roof Type Composition

Building

Lot Description Fencing, Level

Architectural Style Traditional

Structure Type Masonite

Schools

School District Spokane Dist 81

Others

Acceptable Financing Conventional, Cash

Listing Terms Conventional, Cash

CHRISTA HERMOSILLO

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(208) 500-2231

christa@verticalreg.com

330 E. Lakeside Ave Suite #301 , Coeur dAlene, Idaho 83814, USA

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2924 E Broad Ave