$419,000

311 E Fairview Ave, Spokane, WA 99207

  • 6 beds |
  • 3 baths |
  • 2,944 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1959
  • Property Lot Size Icon5,663sqft lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $142/sqft
  • Property List Date Icon Listed 1 month ago

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.

Listing Status:
Active
Listing Office:
Extant Realty : (509) 598-5985
Listing Agent:
Cole Vinson : (509) 598-5985
MLS ID:
202520631
  • Basement: FullPartially FinishedDaylightLaundryWalk-Out Access
  • A/C: Wall Unit(s)
  • Heating: ElectricForced Air
  • Fireplace: Fireplaces: 0

This listing courtesy of Cole Vinson, Extant Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

L

Longfellow Elementary School

800 E Providence Ave, Spokane, WA, 99207

Grades PK-5

0.55 miles away

A

A-3 Multiagency Adolescent Program

1807 N Washington St, Spokane, WA, 99205

Grades 6-12

0.97 miles away

A

A-3 Multiagency Adolescent Program

1807 N Washington St, Spokane, WA, 99205

Grades 6-12

0.97 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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