Six individual rental houses on an acre of flat ground fronting two streets (25th and 26th) in Vinegar Flats! Each has it's own yard area, storage shed, and 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. Please do NOT approach or disturb the wonderful tenants. Amazing location super close to downtown and just minutes from the airport.
Features
crop_free43560 sq. ft. lot size
cottageMulti-Family
Property history for 1925 W 25th Ave
2016
Sold
$275,000
02 Sep 2016
Happy sellers in Spokane
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Local market activity for multi families in Spokane
Sold
For Sale
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