1. Washington
2. Spokane
3. 1702 W Dean Ave

1702 W Dean Ave, Spokane, WA 99201

• 2,648 sqft

Property Description

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.

Listing Status:

Active

Listing Office:

Windermere North : (509) 499-6319

Listing Agent:

Chris Connelly : (509) 499-6319

MLS ID:

202518185

Interior

• General: Windows VinylMulti Pn Wn
• Rooms: Utility Room
• Appliances: Free-Standing RangeRefrigeratorMicrowaveWasherDryer
• Basement: PartialUnfinished
• A/C: Wall Unit(s)
• Heating: ElectricDuctless

Exterior

Construction

Location

Lot

Financial

This listing courtesy of Chris Connelly, Windermere North