5724 N NEVADA St Active Save Request In-Person Tour Request Virtual Tour
Spokane,WA 99208
Key Details
Property Type Multi-Family
Sub Type Rental
Listing Status Active
Purchase Type For Sale
Square Footage 2,040 sqft
Price per Sqft $196
MLS Listing ID 202521533
Style Ranch
Year Built 1953
Annual Tax Amount $3,696
Lot Size 4,356 Sqft
Property Sub-Type Rental
Property Description
6-Bedroom, 2-Bathroom SRO Investment Property – High Cash Flow Opportunity! Well-maintained and income-generating Single Room Occupancy (SRO) property featuring 6 private bedrooms and 2 shared bathrooms. This single-family home is rented by the room, generating a gross monthly income of $4200! An SRO (Single Room Occupancy) model provides tenants with private rooms while sharing common areas such as the kitchen, bathrooms, and living spaces, making this a popular and affordable housing option. Investor Highlights: - All tenants on flexible month-to-month leases - Potential for increased cash flow and rental growth - Privately managed and well-maintained property This property is available for purchase individually or as part of a larger, high-performing rental portfolio, available at a discounted package rate. Call or Text the listing agent today to schedule a tour or request more information about this unique investment opportunity!
Location
State WA
County Spokane
Interior
Heating Forced Air,Hot Water
Cooling Window Unit(s)
Exterior
Parking Features Detached,Garage Door Opener,Off Site
Garage Spaces 2.0
Amenities Available Gas,See Remarks
View Y/N true
View City
Roof Type Composition
Building
Lot Description Fencing,Fenced Yard,City Bus (w/in 6 blks)
Structure Type Vinyl Siding
Schools
Elementary Schools Whitman
Middle Schools Garry
High Schools Rogers
School District Spokane Dist 81
Others
Acceptable Financing Conventional,Cash,Commercial
Listing Terms Conventional,Cash,Commercial