2924 E Broad Ave, Spokane, WA 99217
- $445,000
- List Price
- $445,000
- Price Change
- ▼ $20,000 1785452427
- MLS#
- 202620014
- Property Sub-Type
- Residential Income
- Current MLS Listing Sale Status
- Active
- Financing Terms
- Conventional, Cash
- City
- Spokane
- Acres
- 0.15
Property 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.
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Additional Information
- Year Built
- 1948
- MLS Area/Grid
- NE Urban N I-90
- MLS Area/Grid Number
- A340/014
- Parcel Number
- 36343.2904
- School District
- Spokane Dist 81
- Home Amenities
- None
- Basement
- Full, Finished
- Heating/Cooling
- Natural Gas, Electric, Forced Air, Baseboard
- Style
- Traditional
- Roof Style
- Composition
- Frontage
- City Street, Paved Road
- Acres MOL
- 0.15
- Lot Size
- 6,534
- Lot Information
- Fencing, Level
- Property Sub-Type
- Residential Income
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Listing courtesy of SARMLS / Deese Real Estate
Listings last updated . All information provided is deemed reliable but is not guaranteed and should be independently verified.