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2924 E BROAD Ave, Spokane, Washington

$130,000Active

2924 E BROAD Ave, Spokane, Washington 99217
- MLS® ID: 201723521

Property Details

2924 E BROAD Ave, Spokane, Washington 99217 - Looking for Cash Flow?This 4 plex brings in $1690 in rent and is fully occupied. We calculate a 7.6% cap rate and 10% Cash on Cash return. This building features 4 units, 1 two bedroom and 3 one bedroom units. The units have had various updates done over the years and have upside in rents if just a few more updates were done. The big ticket items such as roof, siding and windows, heat systems are in good condition. 3 out of the 4 units are in a lease, and the other unit is going month to month.

Amenities

  • Zip99217
  • CountySpokane
  • SQFT2353
  • StatusActive
  • Purchase TypeActive
  • Property typeMulti-Family
  • School districtSpokane Dist 81
  • Year built1948
  • Lot size0.15
  • Tax amount$1,217.00
  • MLS® ID201723521

Listing Courtesy of Homeland Realty Group, LLC

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“Cindy and the Brokers at Five Star Real Estate Group in Spokane are an incredible team of #Rock Star Realtors.”

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