Prime Monroe District Parcels with Development Potential

USD $1,100,000
1007 West Montgomery Avenue, Spokane, Washington, 99205, USA

Property Highlights

  • Located in vibrant Monroe District
  • Near schools, restaurants, shopping, parks
  • Two triplexes with six 1 bed units
  • Generates $5,150/month rental income
  • Flexible CC2-DC zoning for redevelopment
  • Total land size 0.43 acres

Overview

This property is ideally situated in the vibrant Monroe District near variety of amenities, including schools, restaurants, shopping, entertainment, and parks, making it an ideal location for developers, investors, and residents. Three contiguous parcels, including two triplexes and one corner lot. Six total 1 bed/1 bath units across the two triplexes. Current rental income totals $5,150/month. Redevelopment opportunity with flexible CC2-DC zoning. Total land size is 0.43 acres or 18,731 SF. Available for sale or joint venture partnership. Seller financing available with 20% down payment and a 5 year term.
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Property Features

1007 West Montgomery Avenue, Spokane, Washington, 99205, USA offers the following features:

Property Type: Multifamily
Status: Active
Reference ID: 202519321

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