2012 N Cincinnati St, Spokane, WA 99207

$450,000
3,094
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$450,000
MLS#
202622731
Property Sub-Type
Residential Income
Current MLS Listing Sale Status
Active
Financing Terms
FHA, VA Loan, Conventional, Cash
City
Spokane
Acres
0.16

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.

Additional Information

Master Bedroom
Wlkin Clst
Primary Bedroom
Wlkin Clst
Year Built
1899
MLS Area/Grid
NE Urban N I-90
MLS Area/Grid Number
A340/025
Parcel Number
35084.1815
Property Taxes
$3,721
School District
Spokane Dist 81
Home Amenities
None
Home Total Sq Ft
3,094
Basement
Full, Rec/Family Area, Laundry, Walk-Out Access
Heating/Cooling
Natural Gas, Electric, Forced Air, Baseboard
Style
Craftsman
Roof Style
Composition
Frontage
Easement, City Street, Paved Road, Gravel
Acres MOL
0.16
Lot Size
7,100
Lot Information
Fenced Yard, Treed, Level, Oversized Lot
Property Sub-Type
Residential Income

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of SARMLS / REAL Broker LLC

Listings last updated . All information provided is deemed reliable but is not guaranteed and should be independently verified.