2012 N Cincinnati St, Spokane, WA 99207
Listing courtesy of SARMLS / REAL Broker LLC
- $450,000
- 3,094
- SqFt
- List Price
- $450,000
- Status
- ACTIVE
- MLS#
- 202622731
- Subtype
- Residential Income
- Style
- Craftsman
- Year Built
- 1899
- Living Area
- 3,094
- Lot Size
- 7,100
- Acres
- 0.16
- Neighborhood
- Gonzaga University
- MLS Area Major
- NE Urban N I-90
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.
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Additional Information
- Amenities
- None
- Interior Features
- Hot Water, High Speed Internet
- Taxes
- $3,721
- Property Description
- Craftsman
- Appliances
- Free-Standing Range, Dishwasher, Refrigerator, Disposal, Microwave, Washer, Dryer, Hard Surface Counters
- Stories
- 2
- Roof
- Composition
- School District
- Spokane Dist 81
- View
- City
Listings last updated . All information provided is deemed reliable but is not guaranteed and should be independently verified.