Description
Incredible investment opportunity just minutes from downtown Spokane! Zoned commercial with flexible use options. Previously operated as a 5-unit Airbnb averaging nearly $5K/month over the past 2 years. Currently has 3 month-to-month renters grossing $4,500. The main floor includes: a 1 bed/1 bath with full kitchen and living space; a 1 bed with living area, kitchen, and shared bath; and a back unit with bedroom, shared bath, kitchenette, laundry, and private entry. Upstairs is a 1 bed unit with shared bath, living/dining area, and a separate loft-style unit with a loft bed and mini fridge. The unfinished basement has potential for another unit, laundry, or storage. City approval and a sprinkler system would be needed for short-term rental use under 30 days. Could be converted into a 3-unit rental, used commercially, or live in one unit and rent the others. Nestled near the historic Cannon Hill district, this home offers neighborhood charm with fast access to parks, hospitals, downtown, shopping, and dining.
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5BEDS
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0.1ACRES
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3BATHS
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01/2 BATHS
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2,570SQFT
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$167$/SQFT
School Information
Description
Incredible investment opportunity just minutes from downtown Spokane! Zoned commercial with flexible use options. Previously operated as a 5-unit Airbnb averaging nearly $5K/month over the past 2 years. Currently has 3 month-to-month renters grossing $4,500. The main floor includes: a 1 bed/1 bath with full kitchen and living space; a 1 bed with living area, kitchen, and shared bath; and a back unit with bedroom, shared bath, kitchenette, laundry, and private entry. Upstairs is a 1 bed unit with shared bath, living/dining area, and a separate loft-style unit with a loft bed and mini fridge. The unfinished basement has potential for another unit, laundry, or storage. City approval and a sprinkler system would be needed for short-term rental use under 30 days. Could be converted into a 3-unit rental, used commercially, or live in one unit and rent the others. Nestled near the historic Cannon Hill district, this home offers neighborhood charm with fast access to parks, hospitals, downtown, shopping, and dining.
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