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1702 W Dean Ave Spokane, WA, United States 99201

Cash flow! Cash flow! Cash flow! This is an excellent turn-key investment opportunity. It is a Quad-Plex structure that is run like a mini-hotel for short-term and longer term clients with excellent occupancy rates, reasonable overhead, and good net operating income. Two of the units are 2-bedroom and 1-bath. One unit is 1-bedroom and 1-bath. And one unit is 3-bedroom and 1-bath. It is close to everything, so the location has been preferred for easy access to downtown, medical, entertainment, sports, etc. All the units are fully furnished and are very well cared for. Each unity has its own laundry and electrical meter. There is a management company that handles the short-term rental side and a website that has established success driving business and rental requests. Each unit has a designated off-street parking space. Easy maintenance of the grounds. This is one of those opportunities where a new owner can just take the business and run with it.

Amenities

  • Bedrooms: 0
  • Full Bathrooms: 0
  • Partial Bathrooms: 0
  • Property Type: Multifamily
  • Year Built: 1894
  • Built in 1894
  • Home size: 2,648 ft2 / 246.01 m2
  • MLS: 202518185
  • Status: Active

Property brokered by

Windermere Real Estate - Mountain West

(509) 468-9410

Presented by Chris Connelly

  • (509) 467-6640 (Office Phone)

Contact Chris Connelly

Contact Agent

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