802 E Baldwin Ave, Spokane, WA 99207
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802 E Baldwin Ave, Spokane, WA 99207
802 E Baldwin Ave, Spokane, WA 99207
802 E Baldwin Ave, Spokane, WA 99207
802 E Baldwin Ave, Spokane, WA 99207
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Melissa Wilson

Melissa Wilson

+1(509) 389-9622
Listed by Billy Deese • Deese Real Estate
$ 539,000
Est. payment /mo
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Active

802 E Baldwin Ave Spokane, WA 99207

6,969 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Residential Income

Listing Status Active

Purchase Type For Sale

MLS Listing ID 202615914

Year Built 1900

Lot Size 6,969 Sqft

Lot Dimensions 0.16

Property Sub-Type Residential Income

Property Description

$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.

Location

State WA

County Spokane

Rooms

Basement Full, Finished

Interior

Interior Features High Speed Internet

Heating Natural Gas, Forced Air

Appliance Free-Standing Range, Refrigerator

Exterior

Parking Features Attached

Garage Spaces 3.0

Utilities Available Cable Available

Amenities Available None

View Y/N true

View Territorial

Roof Type Composition

Building

Lot Description Fenced Yard, Sprinkler - Automatic, Level, Corner Lot, City Bus (w/in 6 blks)

Story 2

Structure Type Wood Siding

Schools

School District Spokane Dist 81

Others

Acceptable Financing Conventional, Cash, Commercial

Listing Terms Conventional, Cash, Commercial

Melissa Wilson

Melissa Wilson

Broker

+1(509) 389-9622

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802 E Baldwin Ave