2924 E Broad AveSpokane, WA 99217

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.

Property Information

Property type

Residential Income

Style

Traditional

Year built

1948

Lot size

0.15 acres

Days on market

97

MLS^® Listing#

202620014

Property Features

Appliances

Free-Standing Range · Refrigerator

Heating

Natural Gas · Electric · Forced Air · Baseboard

Basement

Full · Finished

Parking

None

Fencing

Fenced

Lot features

Level

Construction

Masonite

Roof

Composition

Parcel number

36343.2904

Directions

MULTICLASS