1. Washington
2. Spokane
3. 2405 N Cincinnati St

2405 N Cincinnati St, Spokane, WA 99207

• 7,312 sqft

Property Description

Rare opportunity to own two fully rented fourplexes (8 units total) in Spokane’s highly desirable Gonzaga District—just minutes from Gonzaga University, public transportation, and Downtown Spokane! These well-maintained buildings boast a combined gross income of approximately $115,000 annually, with five of the eight units fully remodeled, including the two most recent rentals bringing in $1,400/month each. All units are 2 bed / 1 bath and feature in-unit laundry, making them highly attractive to tenants along with the 8 car carport and 6 storage units. Investors will appreciate the stability and strong cash flow without the need for commercial financing. All appliances, including washers and dryers, are included in the sale, making this a truly turnkey investment. Recent improvements include new roofs on both the main complex and carport, updated siding and exterior paint. Showings available with accepted offer only. Please don't disturb tenants. Seller is a licensed real estate agent.

Listing Status:

Active

Listing Office:

REAL Broker LLC : (509) 688-5014

Listing Agent:

Spencer Millsap : (509) 688-5014

MLS ID:

202523919

Interior

• General: High Speed InternetAlum Wn FrWindows VinylMulti Pn Wn
• Rooms: Utility Room
• Appliances: Free-Standing RangeDishwasherRefrigeratorWasherDryer
• Basement: None
• Flooring: Wood
• A/C: Wall Unit(s)
• Heating: ElectricBaseboard

Exterior

• General: Shed(s)
• Style: Other
• Parking: DetachedCarportOff SiteAlley AccessParking spaces: 6706

Construction

• Roofing: Composition
• General: Duplex

Location

• Road/Access: City StreetPrivate RoadGravel
• HOA Amenities: Play AreaStorage
• Originating MLS: sarmls
• School District: Spokane Dist 81
• County: Spokane

Lot

• Zoning: 35081.5611

Utilities

• Utilities: Cable Available

Financial

• Source: sarmls

This listing courtesy of Spencer Millsap, REAL Broker LLC