BEDS7
BATHS3
SQUARE FEET3,094
MLS#202622731
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLSpokane Dist 81
Property 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 Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full, Rec/Family Area, Laundry, Walk-Out Access
Fenced: Yes
Roof Type: Composition
Stories: 2.0
Taxes: $3,721
Year Built: 1899
Feature Descriptions
Association Amenities: None
Days on Site: 43
Exterior: Steel Frame
Heating/Cooling: Natural Gas, Electric, Forced Air, Baseboard
Interior: Hot Water, High Speed Internet
Lot: Fenced Yard, Treed, Level, Oversized Lot
Parcel#: 35084.1815
Parking: Off Site, Shared Driveway
Parking Space(s): 4
Special View Info: City
SQ. FT. Total: 3094
Local Schools
School District: Spokane Dist 81
Listed By / Shown By
Listed By
Agency Name: REAL Broker LLC
Shown By
Agent Name: Terry Lipe
Agent Phone: (509) 999-7916
Agency Title: Coldwell Banker Tomlinson
Estimate Your Payment
Estimated Payment
$ 1,405.08 per month $968.12 Principal & Interest $310.08 Property Tax $126.88 Homeowner's InsuranceChange Payment Information
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2012 N Cincinnati St | MLS# 202622731
This multi-family property located at 2012 N Cincinnati St, Spokane, WA 99207 is currently listed for sale with an asking price of $435,000. N Cincinnati St is located within the Spokane Dist 81 school district. Search Spokane real estate on www.terrylipe.com today.