311 E Fairview Ave Active Save Request In-Person Tour Request Virtual Tour
Spokane,WA 99207
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,944 sqft
Price per Sqft $142
MLS Listing ID 202520631
Bedrooms 6
Year Built 1959
Lot Size 5,662 Sqft
Property Sub-Type Single Family Residence
Property Description
Turnkey Spokane triplex with consistent rental income and value-add potential in a growing submarket. Fully rented triplex in Spokane with solid income and long-term potential. Each unit is 2 bed / 1 bath and separately metered, with updates throughout including LVP flooring, refinished hardwood, vinyl windows, and updated bathroom vanities. All three units are currently occupied, providing immediate cash flow. The property also includes a leased coin-op laundry area, individual storage lockers for each unit, and a detached garage that can be rented out for addition income. Also, you could convert the garage into a 4th unit which would significantly increase cashflow. Located just minutes from downtown Spokane, hospitals, and university campuses.
Location
State WA
County Spokane
Interior
Heating Electric,Forced Air
Cooling Wall Unit(s)
Exterior
Parking Features Attached,Underground,Off Site
Garage Spaces 2.0
View Y/N true
Roof Type Composition
Building
Structure Type Masonite
New Construction false
Schools
School District Spokane Dist 81
Others
Acceptable Financing FHA,VA Loan,Conventional,Cash
Listing Terms FHA,VA Loan,Conventional,Cash