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1239 1st St

By Owner
CHENEY, WA, 99004
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Property Description

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4 Bedrooms

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4.0 Baths

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2,832 SQ FT

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1975 Built

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0.18 Acres

$575,000

About this home

Dive right into the investment opportunity of a lifetime with this exceptional Main Street rental property, located in the vibrant hub of Cheney, Washington - the proud home to Eastern WA University. This flourishing property comprises four fully occupied units; two cozy one-bedroom apartments and two spacious two-bedroom apartments, bringing an assurance of consistent rental income. An array of updates and tasteful renovations enhance the appeal of this lucrative property, featuring new exterior paint that adds a touch of freshness and vinyl windows that imbue a modern touch. Residents will relish in the convenience offered by the washer and dryer available on-site, alongside a dedicated laundry room that reinforces the comfort of living in this residential gem. Built in 1975, this single-story, 2,832 sqft building boasts an impressive 4 bedrooms and an equal number of bathrooms, ensuring ample living space for each tenant. Air conditioning and heating provisions promise ideal indoor temperatures year-round, further amplifying the property's rental appeal. Set on a parcel measuring 0.18 acres, it presents a spacious exterior that perfectly complements the capacious interiors. Additionally, there is a vacant lot behind the building that is being sold separately - a potential to further grow your real estate portfolio. For more information about this enticing opportunity, please reach out to the seller directly. Prepare to redefine your real estate investment journey with this high-potential rental property!

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