$520,000

227 E Ermina

Spokane WA, 99207

Description

Fantastic income property that's rarely vacant! Interested in Airbnb, short or long term rental? This 4 plex is located in the Gonzaga area. 3 units are currently occupied and 1 newly available. 2 units have 2 bedroom/1 bath and 2 units have 1 bedroom/1 bath. Detached garage can be rented for extra income as well. 4 parking spots, automatic sprinkler system and situated on a corner lot. Live in one unit and have the mortgage paid for with the income from the other 3. This property has a nearly 8% cap rate! Start earning today!

Details

MLS#202113261
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1900
Days On Site21

Features

SQ Feet2,248
Units4
Building(s)1
Property ViewYes
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Area Information
StateWA
CountySpokane
CitySpokane
Zip Code99207
AreaA340/025
Listing VS Median (in 99207)
Price:
$520,000
low | high
Med:
$239,900
100% of Average
SqFt:
2,248
low | high
Med:
1,368
89.14590747331% of Average
$ / SqFt:
$231
low | high
Med:
$175
74.188146648673% of Average
On Site:
21
low | high
Med:
25
84% of Average
Sourced by Back At You
Listing Updated: April 19, 2021 8:06:58 PM PDT
David Reynolds LogoMLS Number: 202113261
Listing Provided By:
David Reynolds  of  Source Real Estate

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