1925 W 25th Ave Spokane, WA 99224
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.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountySpokane
- Taxes$4,853
- HOA/Condo/Coop Fees$0
- Days on Site36 Days
- MLS StatusActive
- MLS ID Number202421484
- Home Size Source N/A
- Year Built1893
- Lot Size1 Acre
- Full BathsN/A
- Partial BathsN/A
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General Features
- Parking R V ParkingOff Site
- Parking Spaces 12
- Basement UnfinishedCrawl SpaceSee Remarks
- Number of Stories 1
- Acreage 1
Interior Features
- Heating Electric
- Appliances Free- Standing RangeRefrigerator
- Interior Utility Room
Exterior Features
- Roof FlatSee Remarks
- Lot Level
- Road Frontage City Street
- Other Structures Shed(s)See Remarks
Community Features
- Association Amenities DeckNone
- MLS Area A220/112