Exceptional investment opportunity on this nearly one-acre parcel! The property’s current zoning permits high-density development, capable of accommodating 28+ units, making it an excellent option for investors looking to tap into the increasing demand in the market. The existing 3-bedroom, 1-bathroom house, spanning 1,428 square feet, provides an immediate income-generating opportunity. You can rent out the house while you meticulously plan and develop your vision for this valuable parcel, offsetting your investment costs and enhancing your overall return on investment. The expansive acreage invites creative minds to explore a range of possibilities, whether it’s apartments, multi-family units, condominiums, townhomes, or other high-density residential projects.

Date Added: 11/1/23 at 5:00 am
Last Update: 12/9/23 at 3:01 pm

Interior

  • GeneralUtility Room, Wood Floor, Natural Woodwork
  • AppliancesFree- Standing Range, Refrigerator, Microwave, Washer, Dryer
  • BasementFull, Partial, Unfinished
  • A/CWindow Unit(s)
  • HeatingElectric, Forced Air
  • FireplaceFireplaces: 0

Exterior

  • StyleRancher
  • ParkingDetached, Off Site
  • GeneralShed(s)

Construction

  • RoofingComposition Shingle
  • GeneralOne Story

Location

  • Road/AccessCity Street
  • HOA AmenitiesDeck, Patio, Green House
  • Originating MLSsarmls
  • School DistrictMead
  • CountySpokane

Lot

  • Zoning36173.1214
  • ViewCity

Financial

  • Sourcesarmls, sarmls
  • Buyers Agent Compensation3%
  • NA Compensation3% The Listing Brokeru2019s offer of compensation is made only to participants of the MLS where the listing is filed.

Utilities

  • UtilitiesNatural Gas Available, Pwr Av Prop L, Underground Utilities, Wired Internet Available
  • WaterPrivate, Available
  • SewerSee Remarks

Schools

  • DistrictMead School District
  • ElementaryEvergreen
  • MiddleHighland
  • HighMead
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