Bought with Keith Riddle
$312,000
$350,000
10.9%For more information regarding the value of a property, please contact us for a free consultation.
9810 E BROADWAY Ave Spokane Valley, WA 99206
1,656 SqFt
Key Details
Sold Price $312,000
Property Type Multi-Family
Sub Type Rental
Listing Status Sold
Purchase Type For Sale
Square Footage 1,656 sqft
Price per Sqft $188
MLS Listing ID 202413267
Sold Date 05/16/24
Style Bungalow
Year Built 1946
Lot Size 0.610 Acres
Lot Dimensions 0.61
Property Description
Incredible Investor Opportunity! Over .6 acres zoned R-4 in the Spokane Valley with an existing single family rental home that is currently occupied and paying rent. R-4 zoning allows for 10 units per acre giving an investor the possibility of building townhomes or even cottage housing, The rental home in the front offers an incredible amount of opportunity for developers. Keep the home in front generating income while building in the back or remove the home and develop the entire lot. You can even develop in phases keeping income from the rental home with plans to develop the front of the lot in the future. Located a block away from the elementary school, minutes from both Millwood and I-90, this is an investors dream. Do not disturb tenants. Showings with mutually accepted offer only.
Location
State WA
County Spokane
Rooms
Basement Full, Partially Finished
Interior
Interior Features Wood Floor
Heating Gas Hot Air Furnace, Forced Air
Exterior
Garage Detached, RV Parking, Off Site
Garage Spaces 1.0
Amenities Available See Remarks
View Y/N true
Roof Type Composition Shingle
Total Parking Spaces 485
Building
Lot Description Fenced Yard, Level, Oversized Lot, Fencing
Story 1
Architectural Style Bungalow
Structure Type Vinyl Siding,Wood
Schools
Elementary Schools Arthur B Ness
Middle Schools Centennial
High Schools West Valley
School District West Valley
Others
Acceptable Financing Conventional, Cash, Owner Financing
Listing Terms Conventional, Cash, Owner Financing
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