802 E Baldwin AveSpokane, WA 99207
Spokane County
Description
$5,470/month in current gross rents! This 6-unit Spokane investment property generates approximately $65,640/year in gross rental income at the current rent roll. Unit mix includes three 1-bedroom/1-bath units, two 2-bedroom/1-bath units and one 3-bedroom/1-bath unit, providing six separate income streams and a diverse tenant mix. Offered at $539,000, that's under $90,000 per unit with an 8.21 gross rent multiplier. Property also includes a 3-car garage and sits on a corner lot in the Logan neighborhood near Gonzaga, downtown and area amenities. An opportunity to acquire an established multifamily property with substantial existing income and potential for future improvement.
Property Information
- Property type
- Residential Income
- Year built
- 1900
- Lot size
- 0.16 acres
- Garage spaces
- 3
- Days on market
- 160
- MLS® Listing#
- 202615914
Property Features
- Interior
- High Speed Internet
- Appliances
- Free-Standing Range · Refrigerator
- Heating
- Natural Gas · Forced Air
- Basement
- Full · Finished
- Parking
- Attached
- Patio
- Deck
- Lot features
- Level · Corner Lot
- Construction
- Wood Siding
- Roof
- Composition
- Utilities
- Cable Available
- Parcel number
- 35084.2513
Directions
MULTICLASS
Listing Courtesy: Deese Real Estate - 5092939291
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