Fully Remodeled Turnkey Triplex in Spokane WA, 8% CAP

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Fully Remodeled Turnkey Triplex in Spokane WA, 8% CAP

Investor · Spokane, WA · Member since 2013 · 117 posts · 64 votes

This is a classic Victorian triplex in Spokane, WA near the growing Kendall Yards area and close to Gonzaga University.  It's been fully remodeled inside and out, with a new roof, exterior siding, and sprinkler system just finished up.  The interior is totally new, you name it and we’ve probably updated it.

There are two one-bedroom units and one three-bedroom unit.  All units are rented with great long-term tenants.  All three units have their own washer/dryer in unit.  There is a fenced backyard.  Each unit has its own furnace, water heater, and electrical meter.

This triplex is fully turnkey with a monthly income of $2,020.  At a sale price of $234,900 you're getting 8% cap rate.  

See full details on this property, including income & expenses and more photos at this link.

Contact me via text or phone at (509) 210-2715 or [email protected] if you're interested in learning more about this property.

Learn more!

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