Skip To Content

    227 E Ermina Ave

    Spokane, WA 99207
    • $520,000
    • STATUS: Active
    • ON SITE: 23 days
    • ID#: 202113261
    $520,000
    • 0
      BEDS
    • 0.11
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,248
      SQFT
    • $231
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1900
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:

    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!

    Monthly Payment Calculator

    © 2021 of Spokane Association of REALTORS­® MLS. All rights reserved. Listing information courtesy of Spokane Association of REALTORS­® MLS. IDX data is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the SARMLS. Data last updated 2021-04-23T00:20:40.68.
    www.freedomrealestatespokane.com/homes/115602692
    Print Image

    227 E Ermina Ave Spokane, WA 99207

    • Price: $520,000
    • Status: Active
    • ID#: 202113261
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.11
    Acres
    2,248
    SQFT
    $231
    $/SQFT
    1900
    Built
    Neighborhood:
    A340/025
    County:
    Spokane
    Area:
    A340/025
    Elementary School:
    Logan
    Middle School:
    Shaw
    High School:
    Lewis & Clark
    School District:
    Spokane Dist 81
    Property 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!
    Exterior Features

    Access PavedPublic Road Design Traditional Exterior Vinyl Garage Parking DetachedOff St PrkgShared Drv Garage Size 2 Garages 1 Lot Depth Apx 100 Lot Information CornerLevelSpr SysTreed Lot View Territorial Parking Spaces 4 Roof Metal Style Of Construction 2 Story

    Interior Features

    Basement No Basement Baths Unit A 1 Baths Unit B 1 Baths Unit C 1 Baths Unit D 1 Beds Unit A 2 Beds Unit B 1 Beds Unit C 2 Beds Unit D 1 Kitchen And Appliances Freestanding RangeRefrigerator Ranges 4 Refrigerators 4

    Property Features

    Common Amenities None Features 200 AmpBreakers Gross Monthly Income 3895 Heat Cooling El Wall UnitElec Monthly Rent Unit A 1050 Monthly Rent Unit B 945 Monthly Rent Unit C 945 Monthly Rent Unit D 850 Num Units A 1 Num Units B 2 Num Units C 3 Num Units D 4 Site Improvements Public SewerPublic WaterSewer Connections Special Features Vinyl Window Frames Sub Type Rental Income Taxes 2203 Terms CashConvFhaVa

    Listing provided courtesy of Source Real Estate.
    © 2021 of Spokane Association of REALTORS­® MLS. All rights reserved. Listing information courtesy of Spokane Association of REALTORS­® MLS. IDX data is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the SARMLS. Data last updated 2021-04-23T00:20:40.68.
     
    https://bt-photos.global.ssl.fastly.net/sarmls/orig_boomver_1_202113261-2.jpg https://bt-photos.global.ssl.fastly.net/sarmls/orig_boomver_1_202113261-2.jpg https://bt-photos.global.ssl.fastly.net/sarmls/orig_boomver_1_202113261-2.jpg
    Logo
    Freedom Real Estate Group | Keller Williams Spokane-Main
    799 S Stevens Street
    Spokane WA, 99204