Description
Incredible NEW construction multi-unit opportunity. Construction is now complete! Enjoy easy management & maintenance with these 4 separate single-level duplexes in one location. Functions like an 8-plex but provides maximum flexibility since you can sell any of the duplexes individually AND finance each conventionally. Great cash flow with a 7% Cap Rate based on projected rents of $1,800 per unit & 20% operating expense. Each duplex has two 2 bed / 2 bath units with laundry hookups & open living areas. Functional, bright & beautifully finished with LVP floors, quartz countertops & mini-splits with AC to attract premium tenants & rents. All appliances included. Strong demand for nice new units like these in established neighborhoods. Located in a convenient Spokane neighborhood near Audubon Park, downriver, golf course and plenty of neighborhood amenities and restaurants, including Downriver Grill, the Flying Goat & the revitalized Monroe district. You can't find a better priced new construction investment!
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0BEDS
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0.28ACRES
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0BATHS
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01/2 BATHS
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1,638SQFT
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$1,194$/SQFT
School Information
Description
Incredible NEW construction multi-unit opportunity. Construction is now complete! Enjoy easy management & maintenance with these 4 separate single-level duplexes in one location. Functions like an 8-plex but provides maximum flexibility since you can sell any of the duplexes individually AND finance each conventionally. Great cash flow with a 7% Cap Rate based on projected rents of $1,800 per unit & 20% operating expense. Each duplex has two 2 bed / 2 bath units with laundry hookups & open living areas. Functional, bright & beautifully finished with LVP floors, quartz countertops & mini-splits with AC to attract premium tenants & rents. All appliances included. Strong demand for nice new units like these in established neighborhoods. Located in a convenient Spokane neighborhood near Audubon Park, downriver, golf course and plenty of neighborhood amenities and restaurants, including Downriver Grill, the Flying Goat & the revitalized Monroe district. You can't find a better priced new construction investment!
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