802 E Baldwin Ave, Spokane, WA 99207
$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.
Interior features
- Additional features Stge Shd
- Utilities Cable Available
- Basement description Full, Finished
- Outbuildings Stge Shd
- Lot dimension 0.16
- Lot description Fenced Yard, Sprinkler - Automatic, Level, Corner Lot, City Bus (w/in 6 blks)
Exterior features
- View Territorial
- Outbuildings Stge Shd
- Lot dimension 0.16
- Lot description Fenced Yard, Sprinkler - Automatic, Level, Corner Lot, City Bus (w/in 6 blks)
- Roofing materials Composition
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