2012 N Cincinnati StSpokane, WA 99207

Description

Three-unit income property just north of Gonzaga University with immediate rental income, and a VA assumable loan at just 4.99%. VA-eligible buyers may be able to assume the existing financing with as little as 0% down. Live in one unit while the other two help pay the mortgage, or rent all three with potential cash flow of $1,000+/month. Current rental amount totals $4100/month. A newer roof and metal siding with newer appliances making maintenance simple. The property includes a 3-bedroom, 2-bath unit, a 2-bedroom, 1-bath unit, and a 1-bedroom, 1-bath unit. Two units have been remodeled, including the main-floor unit with new windows, LVP flooring, fresh paint, and an updated kitchen and bathroom. The third unit with long-term stable tenant offers future potential to add value. Separate electric meters, and dedicated parking spots in a fenced lot. Close to downtown Spokane, shopping, dining, the Spokane River, and Centennial Trail.

Property Information

Property type

Residential Income

Style

Craftsman

Year built

1899

Living area

3,094 Sq Ft

Lot size

0.16 acres

Parking spaces

4

Days on market

71

MLS^® Listing#

202622731

Property Features

Interior

High Speed Internet · Walk-In Closet(s)

Appliances

Free-Standing Range · Dishwasher · Refrigerator · Disposal · Microwave · Washer · Dryer

Cooling

Central Air

Heating

Natural Gas · Electric · Forced Air · Baseboard

Basement

Full · Walk-Out Access

Parking

Off Site · Shared Driveway

Laundry

In Basement

Patio

Deck

Lot features

Wooded · Level

Roof

Composition

Financial Details

Annual taxes

$3,722

Parcel number

35084.1815