Description
Investor opportunity! This income-producing 6-bedroom home, located just blocks from the lake, is a turnkey investment you don't want to miss. Currently rented as an Oxford House at $2,850 per month, it provides consistent cash flow and benefits from strong rental demand in the area. With a 7.1% cap rate and long-term, stable tenants already in place, this property is an ideal addition to any portfolio. The spacious layout and prime location make it well-suited for group housing or long-term rental use. Alternatively, it could easily be converted back into a beautiful single-family home, offering great value based on its size and location. Don't miss out on this versatile and reliable investment, call today for more information.
-
6BEDS
-
0.14ACRES
-
2BATHS
-
01/2 BATHS
-
1,713SQFT
-
$233$/SQFT
School Information
Listing information ©2026 Northwest MLS. Listing courtesy of Woodford Commercial RE.
Mortgage Calculator is provided by BoomTown.
Description
Investor opportunity! This income-producing 6-bedroom home, located just blocks from the lake, is a turnkey investment you don't want to miss. Currently rented as an Oxford House at $2,850 per month, it provides consistent cash flow and benefits from strong rental demand in the area. With a 7.1% cap rate and long-term, stable tenants already in place, this property is an ideal addition to any portfolio. The spacious layout and prime location make it well-suited for group housing or long-term rental use. Alternatively, it could easily be converted back into a beautiful single-family home, offering great value based on its size and location. Don't miss out on this versatile and reliable investment, call today for more information.
IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Keller Williams Spokane are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2026-01-16T09:14:34.327. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market". Based on information submitted to the MLS GRID as of 2026-01-16T09:14:34.327. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.