Description
This Gonzaga-area investment property is a fantastic opportunity! Located in a prime location adjacent to the CC1 (Centers and Corridors) zoning, this 5-bedroom, 2-bathroom rental home offers significant potential for future development. According to a city planner, because the property "abuts" the CC1 zone, you have the possibility to build an additional dwelling on the parcel. The home is currently rented at $2,300 per month, with potential for rent increases. It features two electric meters, making it easy to convert back to a duplex if desired. Recent updates include a new roof, siding, and fresh paint, ensuring that the property is in excellent condition. Whether you're looking to capitalize on current rental income or explore development possibilities, this property offers flexibility and potential in a desirable location.
-
5BEDS
-
0.15ACRES
-
2BATHS
-
01/2 BATHS
-
2,060SQFT
-
$169$/SQFT
School Information
Description
This Gonzaga-area investment property is a fantastic opportunity! Located in a prime location adjacent to the CC1 (Centers and Corridors) zoning, this 5-bedroom, 2-bathroom rental home offers significant potential for future development. According to a city planner, because the property "abuts" the CC1 zone, you have the possibility to build an additional dwelling on the parcel. The home is currently rented at $2,300 per month, with potential for rent increases. It features two electric meters, making it easy to convert back to a duplex if desired. Recent updates include a new roof, siding, and fresh paint, ensuring that the property is in excellent condition. Whether you're looking to capitalize on current rental income or explore development possibilities, this property offers flexibility and potential in a desirable location.
© 2024 of Spokane Association of REALTORS® MLS. All rights reserved. Listing information courtesy of Spokane Association of REALTORS® MLS. IDX data is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the SARMLS. Data last updated 2024-12-05T13:20:45.46.