Description
Spokane investment opportunity with great cash flow and even more potential! All 5 homes plus a shop are currently rented and generate a net income of $89,843 a year. PLUS, there is preliminary plat approval for additional building parcels. Leave the property as-is and generate income at a strong cap rate or develop this parcel out to its potential while still generating income. Property sits just at the edge of city limits on 1.75 acres near parks, shopping, bus stops and all amenities.
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10BEDS
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1.75ACRES
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6BATHS
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11/2 BATHS
School Information
Listing information ©2023 Northwest MLS. Listing courtesy of Keller Williams Realty Spokane.
Sold by .Description
Spokane investment opportunity with great cash flow and even more potential! All 5 homes plus a shop are currently rented and generate a net income of $89,843 a year. PLUS, there is preliminary plat approval for additional building parcels. Leave the property as-is and generate income at a strong cap rate or develop this parcel out to its potential while still generating income. Property sits just at the edge of city limits on 1.75 acres near parks, shopping, bus stops and all amenities.
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