Homes for sale - 1239 1st St, Cheney, WA 99004

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Brenda Burk

brenda@brendaburk.com +1(208) 818-3668

Listed by Misty Woodruff • Touchstone Real Estate Group

$ 599,900

Est. payment | -/mo

2,832 SqFt

Save Virtual Tour

$ 599,900

Est. payment | -/mo

Save Virtual Tour

2,832 SqFt

Key Details

Property Type Multi-Family

Sub Type Rental

Listing Status Active

Purchase Type For Sale

Square Footage 2,832 sqft

Price per Sqft $211

MLS Listing ID 202515040

Year Built 1975

Annual Tax Amount $5,227

Lot Size 0.420 Acres

Lot Dimensions 0.42

Property Sub-Type Rental

Property Description

This fourplex is a turnkey investment with strong cash flow and excellent equity potential! 2: 2-bed one-bath, 2: 1-bed one-bath units feature spacious bedrooms, abundant natural light, updated kitchens & bathrooms, and modern flooring. Back lot is zoned commercial, tenants enjoy a massive shared front & back yard, perfect for BBQs and water balloon fights, bringing a true sense of community! Recent 2023 renovations have enhanced the property, with room for further improvements to increase equity and rental income. Shared laundry facilities add convenience, while its prime location on the bus routes ensures easy commuting. This is a fantastic opportunity for investors and owner-occupants, possibly eligible for FHA, 203K FHA, and VA financing, don't miss out!

Location

State WA

County Spokane

Rooms

Basement Crawl Space

Interior

Heating Electric, Baseboard

Appliance Free-Standing Range, Refrigerator

Exterior

Parking Features Off Site

Amenities Available Laundry, Play Area

View Y/N true

View City

Roof Type Composition

Total Parking Spaces 3

Building

Lot Description Fenced Yard, Level, Hillside, Corner Lot

Story 1

Structure Type Wood Siding

Schools

Elementary Schools Betz

Middle Schools Cheney Midle

High Schools Cheney

School District Cheney

Others

Acceptable Financing FHA, VA Loan, Conventional, Cash, Exchange, FHA Rehab 203k, USDA/RD

Listing Terms FHA, VA Loan, Conventional, Cash, Exchange, FHA Rehab 203k, USDA/RD

Virtual Tour https://properties.insidespokanephotography.com/1239-1st-St-Cheney-WA-99004-USA

+1(208) 818-3668

brenda@brendaburk.com

2000 Northwest Boulevard, Coeur d'Alene, ID, 83814

1239 1st St Cheney, WA 99004