1925 W 25th Ave, Spokane, WA 99224
- $750,000
- List Price
- $750,000
- MLS#
- 202421484
- Status
- ACTIVE
- City
- Spokane
- Acres
- 1
Property 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.
Additional Information
- Year Built
- 1893
- School District
- Spokane Dist 81
- Elementary School
- Wilson
- Middle School
- Peperzak
- High School
- Lewis & Clark
- Frontage
- City Street
- Area/Grid
- SW Urban S I-90
- MLS Area/Grid#
- A220/112
- Acres MOL
- 1
- Lot Size
- 43,340
- Basement
- Unfinished, Crawl Space, See Remarks
- Master Bedroom
- 1st Flr
- Features
- Breakers
- Heating/Cooling
- Electric
- Lot Information
- Level
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Listing courtesy of SARMLS / Keller Williams Spokane - Main
Listings last updated . All information provided is deemed reliable but is not guaranteed and should be independently verified.