$1,200,000

Residential Income In Spokane

  • 4.42 Ac lot
  • Updated: Today
  • Source:
    Spokane Association of REALTORS  MLS#202622727

About the Property

Exceptional investment and development opportunity on ±4.42 acres of Light Industrial-zoned land in a prime Spokane location with quick, convenient access to I-90. This versatile property offers the rare combination of immediate rental income and outstanding future development potential. Two updated residential homes are currently leased, generating $4,600 per month with the opportunity for immedi
Exceptional investment and development opportunity on ±4.42 acres of Light Industrial-zoned land in a prime Spokane location with quick, convenient access to I-90. This versatile property offers the rare combination of immediate rental income and outstanding future development potential. Two updated residential homes are currently leased, generating $4,600 per month with the opportunity for immediate rent increases. The homes include a 5-bedroom, 2-bath residence with approximately 1,656 square feet and a 4-bedroom, 2-bath residence with approximately 1,200 square feet. Continue collecting rental income while planning your next commercial or industrial project. The Light Industrial zoning supports a variety of business and development opportunities, making this an ideal investment for developers, owner-users, or investors seeking long-term upside. Rarely does a property offer this combination of income, flexibility, desirable zoning, and a highly accessible location.
  • Property type

    Other

  • Floors

    1

  • Year built

    1948

Features

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5703 S Thomas Mallen Rd, Spokane, Washington, United States View on Google Maps
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Avalon 24 Real Estate - Post Falls

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Avalon 24 Real Estate - Post Falls
Idaho, United States
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38
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Avalon 24 Real Estate - Post Falls
Post Falls, Idaho, United States
View agency profile
Last updated
Today
First listed
Aug 18
Listing reference
202622727
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