802 E Baldwin Ave
Spokane, WA 99207
Spokane Area Rental
- 0.16 Acre
$539,000
5 Months on marketMLS# 202615914
$5,470/month in current gross rents! This 6-unit Spokane investment property generates approximately $65,640/year in gross rental income at the current rent roll. Unit mix includes three 1-bedroom/1-bath units, two 2-bedroom/1-bath units and one 3-bedroom/1-bath unit, providing six separate income streams and a diverse tenant mix. Offered at $539,000, that's under $90,000 per unit with an 8.21 gross rent multiplier. Property also includes a 3-car garage and sits on a corner lot in the Logan neighborhood near Gonzaga, downtown and area amenities. An opportunity to acquire an established multifamily property with substantial existing income and potential for future improvement.
| SqFt: | 0 |
| County: | Spokane |
| Year Built: | 1900 |
Basement
- Full
- Finished
Kitchen / Appliances
- Free-Standing Range
- Refrigerator
Garage / Parking
- Attached
Heating / Cooling
- Natural Gas
- Forced Air
Outbuildings
- Stge Shd
Lot / Information
- Fenced Yard
- Sprinkler - Automatic
- Level
- Corner Lot
- City Bus (w/in 6 blks)
Roof
- Composition
Office Details
Deese Real Estate — (509) 293-9291
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