2012 N Cincinnati StSpokane, WA 99207
Spokane County
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
Listing Courtesy: REAL Broker LLC - Phone: 509-844-3664
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