2718 E 5th Ave, Spokane, WA 99202

$425,000 Active MLS® 202625404 Multi Family Home
ActiveMLS® 202625404
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2718 E 5th Ave, Spokane, WA 99202 photo
Multi Family Home
MLS® 202625404
$425,000
2718 E 5th Ave, Spokane, WA 99202
0.16 Acres 3,000 Sq.Ft. Built 1907
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.

Interior features
  • Additional features Stge Shd
  • Utilities Cable Available
  • Basement description Partial
  • Outbuildings Stge Shd
  • Lot dimension 0.16
  • Lot description Level, City Bus (w/in 6 blks), Fencing
Exterior features
  • Outbuildings Stge Shd
  • Lot dimension 0.16
  • Lot description Level, City Bus (w/in 6 blks), Fencing
  • Roofing materials Composition

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Location
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