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Dixie Simon

dixiesim@gmail.com +1(509) 385-4441

Listed by Cindy Carrigan • REAL Broker LLC

$ 450,000

Est. payment -/mo

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2012 N Cincinnati St Spokane, WA 99207

3,094 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Residential Income

Listing Status Active

Purchase Type For Sale

Square Footage 3,094 sqft

Price per Sqft $145

MLS Listing ID 202622731

Style Craftsman

Year Built 1899

Annual Tax Amount $3,721

Lot Size 16.000 Acres

Lot Dimensions 16

Property Sub-Type Residential Income

Property Description

Three-unit income property just north of Gonzaga University with immediate rental income, and a VA assumable loan at just 4.99%. VA-eligible buyers may be able to assume the existing financing with as little as 0% down. Live in one unit while the other two help pay the mortgage, or rent all three with potential cash flow of $1,000+/month. Current rental amount totals $4100/month. A newer roof and metal siding with newer appliances making maintenance simple. The property includes a 3-bedroom, 2-bath unit, a 2-bedroom, 1-bath unit, and a 1-bedroom, 1-bath unit. Two units have been remodeled, including the main-floor unit with new windows, LVP flooring, fresh paint, and an updated kitchen and bathroom. The third unit with long-term stable tenant offers future potential to add value. Separate electric meters, and dedicated parking spots in a fenced lot. Close to downtown Spokane, shopping, dining, the Spokane River, and Centennial Trail.

Location

State WA

County Bonner

Rooms

Basement Full, Rec/Family Area, Laundry, Walk-Out Access

Interior

Interior Features Hot Water, High Speed Internet

Heating Natural Gas, Electric, Forced Air, Baseboard

Cooling Central Air

Appliance Free-Standing Range, Dishwasher, Refrigerator, Disposal, Microwave, Washer, Dryer, Hard Surface Counters

Exterior

Parking Features Off Site, Shared Driveway

Amenities Available None

View Y/N true

View City

Roof Type Composition

Total Parking Spaces 4

Building

Lot Description Fenced Yard, Treed, Level, Oversized Lot

Story 2

Architectural Style Craftsman

Structure Type Steel Frame

Schools

School District Spokane Dist 81

Others

Acceptable Financing FHA, VA Loan, Conventional, Cash

Listing Terms FHA, VA Loan, Conventional, Cash

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Phone

+1(509) 385-4441

dixiesim@gmail.com

Address

509 N Shamrock Rd, Spokane Valley ,, Washington 99037, USA