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206-886-3986
Real Estate Company
2718 E 5th Ave, Spokane, WA 99202
Listing courtesy of SARMLS / REAL Broker LLC
- $425,000
- 3,000
- SqFt
- List Price
- $425,000
- Status
- ACTIVE
- MLS#
- 202625404
- Subtype
- Residential Income
- Style
- Victorian
- Year Built
- 1907
- Living Area
- 3,000
- Lot Size
- 6,970
- Acres
- 0.16
- Neighborhood
- Liberty Park
- MLS Area Major
- SE Urban S I-90
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.
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Additional Information
- Amenities
- Laundry
- Interior Features
- High Speed Internet, Pantry, Kitchen Island, In-Law Floorplan
- Property Description
- Victorian
- Appliances
- Free-Standing Range, Dishwasher, Refrigerator, Washer, Dryer
- Stories
- 2
- Roof
- Composition
- Garage Spaces
- 1
- School District
- Spokane Dist 81
- Elementary School
- Franklin
- Middle School
- Chase
- High School
- Lewis & Clark
Listings last updated . All information provided is deemed reliable but is not guaranteed and should be independently verified.