11 E Rich Ave Active Save Request In-Person Tour Request Virtual Tour
Spokane,WA 99207
Key Details
Property Type Multi-Family
Sub Type Rental
Listing Status Active
Purchase Type For Sale
Square Footage 4,740 sqft
Price per Sqft $137
MLS Listing ID 202513904
Style Ranch
Year Built 1950
Lot Size 10,018 Sqft
Property Sub-Type Rental
Property Description
Turnkey Brick Triplex – 4,740 SQ FT on Nearly a Quarter Acre! This well-maintained investment property offers strong cash flow with $4,780/month in gross rents plus $255.95/month in tenant-paid utilities and benefit fees. The building includes two large 4-bed, 2-bath units and one spacious 2-bed, 1-bath unit, each with a finished basement and generous living space. Built-in soundproofing between units enhances tenant comfort. Kitchens feature breakfast bars and dining areas, and recent updates include fresh paint, tile, carpet, refinished hardwood floors, and gas furnaces and water heaters. Exterior features include three garages with openers, additional off-street parking, and a sprinkler system. Professional property management is in place, making this a truly turnkey opportunity. Pre-inspections are completed, and documents are available for investors to review before scheduling a showing—just ask for details. The seller is offering a 1.5% credit toward the buyer's interest rate buydown.
Location
State WA
County Spokane
Interior
Heating Natural Gas,Forced Air
Fireplaces Type Masonry,Woodburning Fireplce
Exterior
Parking Features Detached
Garage Spaces 3.0
Amenities Available High Speed Internet,See Remarks
View Y/N true
Roof Type Composition
Building
Story 1
Structure Type Brick
Schools
Elementary Schools Willard
Middle Schools Glover
High Schools North Central
School District Spokane Dist 81
Others
Acceptable Financing FHA,VA Loan,Conventional,Cash
Listing Terms FHA,VA Loan,Conventional,Cash