About This Home
This 7-bedroom, 3-bathroom residential multi family at 2012 N Cincinnati St in Spokane, WA is listed for $435,000 ($141 per sqft). Built in 1899, the home offers 3,094 sqft of living space on a 0.16 acres lot.
Key Features
- Built in 1899
- 0.16 acre lot
- 2 stories
- 4 parking spaces
Property Details
Amenities
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.
Monthly Cost Estimate
$2,326/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
2012 N Cincinnati St
Spokane, WA 99207
Features & Amenities
Interior Features
Property Details
Flooring
Construction
Views
Outdoor Features
Parking
Heating
Cooling
Appliances
Questions & Answers
This 7-bedroom, 3-bathroom residential multi family at 2012 N Cincinnati St is listed at $435,000 ($141/sqft). The estimated monthly payment is $2,327 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1899, 0.16 acre lot, 2 stories, 4 parking spaces. Interior Features: Hot Water, High Speed Internet.
This property is listed by Cindy Carrigan and can be reached at (855) 450-0442.
