Description
INVESTOR/DEVELOPER ALERT - a full acre zoned R-3 with a sturdy 1951 bungalow that could mean immediate rental income while the back (north) end of the lot was developed with 2 additional duplexes or even more single family homes. Shares property lines with both Commercial/Mixed Use (CMU) and Multifamily Residential (MFR) parcels to the north and northeast. Use the 3 bed/3 bath home for rental income or tear it down and add a third duplex while development is underway (detached 2 car garage would need to be relocated to access the back of the portion of the lot). If garage was removed, you could also add an enormous shop (*up to 4200 square feet*) on the back portion of this lot. There are SO MANY possibilities in this location, roughly .25 miles from the Valley Hospital and the Pines Interchange, right in the heart of Spokane Valley.
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3BEDS
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1.01ACRES
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3BATHS
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01/2 BATHS
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2,078SQFT
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$289$/SQFT
School Information
Description
INVESTOR/DEVELOPER ALERT - a full acre zoned R-3 with a sturdy 1951 bungalow that could mean immediate rental income while the back (north) end of the lot was developed with 2 additional duplexes or even more single family homes. Shares property lines with both Commercial/Mixed Use (CMU) and Multifamily Residential (MFR) parcels to the north and northeast. Use the 3 bed/3 bath home for rental income or tear it down and add a third duplex while development is underway (detached 2 car garage would need to be relocated to access the back of the portion of the lot). If garage was removed, you could also add an enormous shop (*up to 4200 square feet*) on the back portion of this lot. There are SO MANY possibilities in this location, roughly .25 miles from the Valley Hospital and the Pines Interchange, right in the heart of Spokane Valley.