1925 W 25th Avenue
Spokane, WA 99224
$750,000
1.00 acre | #202421484
For Rent
Description
Six individual rental houses on an acre of flat ground fronting two streets (25th and 26th) in Latah Valley not too far from Latah Creek! Each home has it's own yard, storage shed, covered porch/deck, and off-street parking. Tons of options on this fantastic income-producing investment property with future development opportunities as well. At almost a 10% CAP rate, you can walk right into cashflow. Or submit your development plans for an apartment building or cottage housing while continuing to collect rent as it is until your project is approved. Please do NOT approach or disturb the wonderful tenants. Amazing location super close to downtown and just minutes from the airport.
Interior Details
Interior Features
- Interior:Utility Room
Property Details
Property
- Lot description:Level
Measurements
- Acres:1
Construction Details
Type & Style
- Property type:Rental
- Basement:Unfinished, Crawl Space, See Remarks
Condition
- Year built:1893
Community and Neighborhood Details
Location
- Elementary School:WILSON
- Middle School:Peperzak
- High School:Lewis & Clark
- County:Spokane
Financial Details
Pricing Details
- Taxes annual:$4, 853
Other
Source
- MLS #:202421484
Location
Legal
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Last Updated: . Source: SAR
Listing Courtesy
Listing Agent:
Listing Office: Keller Williams Spokane - Main
Keller Williams SpokaneWhitney Schumacher Real Estate
