Share this with your friends
(509) 921-2121
Crane Real Estate Group
2718 E 5th Ave, Spokane, WA 99202
- $425,000
- 3,000
- SqFt
- List Price
- $425,000
- MLS#
- 202625404
- 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
Investors, here’s an opportunity to add a well-maintained triplex with a solid rental history to your portfolio or house hack by living in the upstairs unit and renting out the lower 2 units to offset your costs! Situated near picturesque Underhill Park in Spokane, this property offers three comfortable 2-bedroom, 1-bath units, providing strong rental appeal and multiple income streams. One unit has been completely updated, while the property as a whole has a proven rental history and currently generates $3,750 per month. Each unit features its own gas forced-air furnace, allowing for individual heating control and helping provide efficient, reliable heating for tenants. Operating expenses include approximately $400 per month for water, sewer, and garbage, $50 per month for common-area electricity, and $3250 for insurance. The currently vacant upstairs unit creates a unique opportunity for an owner-occupant and with the 1 car garage in the back it gives the opportunity for you or additional income.
/u.realgeeks.media/spokanehomesforsale/050924_CRANE_SPOKANE_LOGOS_W_50_YRS_PHONE_291_178_NB_NEW.jpg)
Additional Information
- Master Bedroom
- Full Bath
- Primary Bedroom
- Full Bath
- Year Built
- 1907
- MLS Area/Grid
- SE Urban S I-90
- MLS Area/Grid Number
- A210/030
- Parcel Number
- 35211.4721
- School District
- Spokane Dist 81
- Elementary School
- Franklin
- Middle School
- Chase
- High School
- Lewis & Clark
- Features
- Breakers
- Home Amenities
- Laundry
- Home Total Sq Ft
- 3,000
- Garage Spaces
- 1
- Basement
- Partial
- Heating/Cooling
- Electric, Baseboard, Ductless
- Style
- Victorian
- Roof Style
- Composition
- Frontage
- City Street, Paved Road
- Acres MOL
- 0.16
- Lot Size
- 6,970
- Lot Information
- Level, City Bus (w/in 6 blks), Fencing
- Property Sub-Type
- Residential Income
What's Your Home Worth Today?
See Your "FREE" Estimate Now!
Mortgage Calculator
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.