Photos: 423 Elm St, Cheney, WA 99004

423 Elm St, Cheney, WA 99004

MLS 202120902 ♦ $350,000
6 bd, 3 ba, 3,238 sqft

GREAT CASH FLOW in this 6 bedroom, 2 ½ bath home that’s four blocks from Eastern Washington University. It has been rented to students on a per-room basis for the past five years with 100% occupancy at all times.

Even though school has started already, due to lack of housing there are still many students looking for housing. Total rents received of $2,800 per month. Low utility and power bills that have been split between tenants. Itemization of power and utility bills over the past year can be provided.

Two main floor bedrooms (one of which has an en-suite) and two bathrooms. Four bedrooms and a half-bath upstairs. Main floor laundry and upstairs laundry. Oversized two-car garage and plenty of parking space. Lots of storage space in basement. Nice patio off of back door.

Freshly painted and many updates including plumbing and electric, all new LVP flooring on main floor, new furnace and front porch in 2018, and new roof in 2010. This home is as clean as they come.