Description
Check out this value add duplex! The upstairs unit is 450 unit and is a 1 bed 1 bath. This unit was rented at $800 a month with a long term tenant, but will be vacant soon! At that time we will add photos of the upstairs unit to the listing. The downstairs unit is a 1,479 square feet and is a 2 bed 1 bath. This unit is rented at $1,240 a month. The tenant is aware that the property is being sold. The basement is 400 square feet & where most utilities are held. This property is located right off of Monroe St near Elliots Kitchen. This house is cash or hard money only! If you would like to see about financing the home, the buyer will be responsible for making the needed repairs or explore a FHA 203K loan! Renovate this duplex & your value could be $415,000 or more! Then rent the units for more, explore a cash-out refinance with a DSCR loan product or something else! Ask your favorite lender or realtor about DSCR loans for investment projects!
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0BEDS
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0.14ACRES
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0BATHS
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01/2 BATHS
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1,879SQFT
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$135$/SQFT
School Information
Description
Check out this value add duplex! The upstairs unit is 450 unit and is a 1 bed 1 bath. This unit was rented at $800 a month with a long term tenant, but will be vacant soon! At that time we will add photos of the upstairs unit to the listing. The downstairs unit is a 1,479 square feet and is a 2 bed 1 bath. This unit is rented at $1,240 a month. The tenant is aware that the property is being sold. The basement is 400 square feet & where most utilities are held. This property is located right off of Monroe St near Elliots Kitchen. This house is cash or hard money only! If you would like to see about financing the home, the buyer will be responsible for making the needed repairs or explore a FHA 203K loan! Renovate this duplex & your value could be $415,000 or more! Then rent the units for more, explore a cash-out refinance with a DSCR loan product or something else! Ask your favorite lender or realtor about DSCR loans for investment projects!
© 2025 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 2025-01-17T00:20:28.207.