2001 sqft Single Family Triplex
542 SPOKANE Street, Trail

$465,000

INVESTMENT OPPORTUNITY WITH THREE INCOME-GENERATING UNITS! Welcome to 524 Spokane Street, a rare turn-key multi-family investment property offering flexibility, strong rental potential, and a highly desirable central location. Whether you’re looking to expand your investment portfolio or live in one unit while generating income from the others, this property presents an exceptional opportunity. This well-maintained building features three separate self-contained units, each with its own unique appeal. The upper-level Unit 3 is a bright bachelor suite, ideal for a single tenant seeking an affordable and convenient living space. The main-floor unit offers 2 bedrooms and 1 bathroom, complete with direct access to the backyard, creating an attractive option for long-term tenants. The lower-level unit features 2 bedrooms, 1 bathroom, and ground-level entry, providing comfortable and functional living with excellent accessibility. Adding to the property’s value is additional storage space available for tenants. The building has been well cared for over the years, allowing a new owner to step in with confidence and begin generating income immediately. Convenience, flexibility, and income potential come together in one attractive package. Properties offering three separate units in such a desirable location are increasingly difficult to find. Whether you’re a seasoned investor or entering the rental market for the first time, this is an opportunity worth exploring. (id:6770)

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  • Price $465,000
  • Age 1919
  • Land Size 0.1 Acres
  • Stories 3
  • Size 2001 sqft
  • Bedrooms 5
  • Bathrooms 3
  • Surfaced Spaces
  • Exterior Stucco
  • Water Municipal water
  • Sewer Municipal sewage system
  • Flooring Mixed Flooring
  • Basement

  • Bedroom10' x 5'
  • Storage17'5'' x 12'2''
  • Utility room8'5'' x 9'1''
  • 4pc BathroomMeasurements not available
  • Bedroom10'8'' x 12'8''
  • Living room8'10'' x 12'4''
  • Kitchen9'5'' x 9'4''
  • Main level

  • Foyer5'6'' x 21'4''
  • 4pc BathroomMeasurements not available
  • Bedroom8'4'' x 9'5''
  • Primary Bedroom10'2'' x 9'5''
  • Living room10'6'' x 19'6''
  • Kitchen13'2'' x 11'1''
  • Second level

  • 4pc BathroomMeasurements not available
  • Bedroom9'6'' x 10'5''
  • Living room11'2'' x 10'5''
  • Kitchen9'10'' x 8'7''