1111 W 12th Ave Spokane, WA 99204

Stunning Craftsman triplex close to Cannon Park and Rocket Bakery is absolutely turn-key for the investor or owner-occupied investor. Each unit has an appealing floor plan and comes fully furnished. Add that to its proximity to two major hospitals, downtown Spokane, and easy access to the freeway, this property is a tenant favorite and has low vacancy rates. Not a flip, this beautiful triplex combines the charm of turn-of-the-century craftsmanship with quality modern updates including almost $300,000 in renovations. Updated electrical & plumbing, custom kitchens, hand textured walls, new bathrooms, new flooring, HE gas furnace & AC, doors & trim, hardware, lighting. Far too many improvements to mention here. Units 1 and 2 are spacious 2 bedroom apartments & Unit 3 is a lovely 1 bedroom. Individual storage units & common laundry are in the basement. All units have separate electrical meters. Paver patio. 2 car garage. Bike shed. Nearly 7% cap rate with no deferred maintenance!