Exceptional investor or owner-occupant opportunity featuring a well-maintained fourplex in North Spokane within the desirable Mead School District. With strong rental history and quality updates throughout, this property offers excellent income potential and long-term value. Each unit features just under 1,000 SF with 2 bedrooms, 2 bathrooms, including a primary… Read More suite, plus LVP flooring, updated cabinetry, stainless steel appliances, updated vinyl windows, in-unit laundry, and individual A/C units. Residents also enjoy private balconies or porches, off-street parking, and detached garages for added convenience and income potential. Gross Monthly Income: $5,360. NOI: $51,453.83. Cap Rate: 7.1%. Potential to package 803 W Knox Ave and 1511-1517 W Euclid Ave for expanded investment opportunity. Read Less
Courtesy of LT Real Estate 509-315-8720
Listing Snapshot
Days Online
4
Last Updated
Property Type
Residential Income
Lot Size
0.21 Acres
Year Built
1981
MLS Number
202617285
Additional Details
Property Access
Frontage Type: City Street, Paved Road
Building
Built in 1981, Construction Materials: Masonite
Cooling
Window Unit(s)
Garage
1 space
Heating
Electric, Baseboard
Home Owner's Association
Amenities: None
Lot
0.21 acres
Parking
Detached, Off Site
Roof
Composition
Taxes
Parcel Number: 36202.0711
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