Off-Market Property at 3805 W Crown Ave, Spokane, WA 99205
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Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $136 per day and long-term for an average of $2,265 per month, based on similar listings in the area. Estimated short-term cap rate of 1.9%. Estimated long-term cap rate of -0.6%. NEW PRICING! You won't want to miss this one! Not your typical split - this home has been opened up with a great room style floor plan with a wood beam along the ceiling and wood flooring. The kitchen features a butcher block island eating counter, newer appliances and lots of cabinets. Large windows allow natural light to fill the home. Lower level has a roomy family/rec room and spacious laundry area with additional storage. Covered back deck offers an additional area for gathering & dining. Got toys? Home sits on a 1/4 acre double lot with a 24' x 36' garage/shop PLUS a 24' x 26' RV/carport (12' high for RVs) with concrete pad . Perfect for those with multiple vehicles or could be a sports court/play area, too. Beautiful back yard has a patio & above ground pool. Mature landscaping offers privacy. Yard is fenced for kids & pets. Close to Browne Elementary school & VA hospital as well as other Shadle area shopping & services. Priced below assessed value - easy to show - call your Realtor for appointment!

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$3849
Bedrooms
4
Bathrooms
2
SQFT
1,758
Furnished
N/A
Year built
1972
Listing Status
Off Market
MLS
202421972

Short-term Rental Potential
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$37,344

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$230

Price/SQFT

Long-term Rental Potential
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$27,180

Revenue
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Profit
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Cap rate
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Cash on Cash
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$2,265/mo

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