Perfect for Investors!
Location is everything, and this 9-unit income property delivers — situated less than a mile from Gonzaga University, with quick access to grocery stores, restaurants, pubs, parks, the Centennial Trail, and more. This investment includes three side-by-side buildings, each offering three units: two spacious 2-bedroom, 1-bath units and one comfortable 1-bedroom, 1-bath unit. Every unit features its own unique floor plan, and most have been refreshed during tenant turnover, enhancing their appeal. Recent upgrades include newer roofs on the three 3-car carports and a full exterior refurbishment and repainting of all buildings in March 2025, complete with a no-slip surface added to the stairs for improved safety. The property is fully occupied, generating strong monthly gross rents of $10,215. Owner-paid expenses include Electricity & Gas at $199/month and Water, Sewer & Garbage at $707/month. Since bringing on new property management as of January 1, 2025, operations and profitability have seen a noticeable boost. For added flexibility, the three buildings can also be purchased individually at $333,000 each.
Don’t miss this exceptional opportunity to add a well-maintained, high-performing asset to your portfolio!
🔗 Check out the full listing here: https://bit.ly/N-Nevada-St
Contact us today:
📱Call or Text: 509-703-8187
📅Free Real Estate Consultation (Zoom Call): https://bit.ly/richkingcall
📨Email: rich@richkingrealestate.com
by RichKingRealEstate
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