1239 1st St, Cheney, WA 99004

$599,900 Active MLS® 202613291 Multi Family Home
ActiveMLS® 202613291
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1239 1st St, Cheney, WA 99004 photo
Multi Family Home
MLS® 202613291
$599,900
1239 1st St, Cheney, WA 99004
0.42 Acres 2,832 Sq.Ft. Built 1975
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. The 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!

Interior features
  • Basement description Crawl Space
  • Lot dimension 0.42
  • Lot description Fenced Yard, Level, Hillside, Corner Lot
Exterior features
  • View City
  • Lot dimension 0.42
  • Lot description Fenced Yard, Level, Hillside, Corner Lot
  • Roofing materials Composition

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Location