5389 N Lincoln St, Spokane, WA 99205

Property Description

Brand-new home, now complete, with a potential effective monthly payment around $1,800! Have a lower net payment than a home priced at $275k! This new construction home in an established northwest Spokane neighborhood has a separate 1-bedroom apartment: built-in income that helps carry your payment. Efficiently laid out and spacious, with quality new-build finishes. The 3BR/2BA main home lives bright and easy, all on one level. Private 1BR apartment is perfect for rental income, Airbnb, or guests. Example: Occupy the 3BR & rent the 1BR at $1,500/mo for an effective payment around $1,800 (based on 10% down & 6.5% rate). Being an actual duplex adds flexibility beyond a home with ADU (separate meters, financing advantages, etc), making it easy to hold as a long term investment. If you’re looking for a lower payment, don’t settle for a smaller, older home with constant repairs. Use the affordability hack they’ve done for years in Seattle & Portland. Buy new, build equity, and let the second unit work for you!