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4235 E Hartson Ave

Spokane, WA 99202
  • $1,275,000
  • STATUS: Active
  • ON SITE: 10 Days
  • ID#: 202222734
UPDATED: 66 min ago
$1,275,000
  • 0
    BEDS
  • 1.75
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 9,259
    SQFT
  • $138
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1911
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

Spokane investment opportunity with great cash flow and even more potential! All 5 homes plus a shop are currently rented and generate a net income of $89,843 a year. PLUS, there is preliminary plat approval for additional building parcels. Leave the property as-is and generate income at a strong cap rate or develop this parcel out to its potential while still generating income. Property sits just at the edge of city limits on 1.75 acres near parks, shopping, bus stops and all amenities.

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© 2022 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 2022-09-26T13:20:31.307.
www.inlandnwgroup.com/homes/133112906
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4235 E Hartson Ave Spokane, WA 99202

  • Price: $1,275,000
  • Status: Active
  • On Site: 10 Days
  • Updated: 66 min ago
  • ID#: 202222734
0
Beds
0
Baths
0
½ Baths
1.75
Acres
9,259
SQFT
$138
$/SQFT
1911
Built
Neighborhood:
A210/029
County:
Spokane
Area:
A210/029
Elementary School:
Sheridan
Middle School:
Chase
High School:
Ferris
School District:
Spokane Dist 81
Property Description
Spokane investment opportunity with great cash flow and even more potential! All 5 homes plus a shop are currently rented and generate a net income of $89,843 a year. PLUS, there is preliminary plat approval for additional building parcels. Leave the property as-is and generate income at a strong cap rate or develop this parcel out to its potential while still generating income. Property sits just at the edge of city limits on 1.75 acres near parks, shopping, bus stops and all amenities.
Exterior Features

Construction Materials Vinyl SidingCedar Lot Features LevelCorner LotCity Bus (W/In 6 Blks)Oversized Lot Parking Features AttachedWorkshop in GarageSee Remarks Road Frontage Type City StreetPrivate Road Roof Composition Shingle

Interior Features

Basement PartialPartially Finished Heating Gas Hot Air FurnaceForced AirSee Remarks

Property Features

Association Amenities None Building Area Total 9259 Electric Breakers Listing Terms ConventionalCash Other Structures WorkshopSee Remarks Property Sub Type Rental Structure Type Two Story

Listing provided courtesy of Keller Williams Spokane - Main: [IDXCONTACTINFORMATION].
© 2022 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 2022-09-26T13:20:31.307.
 
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Inland NW Group | 4 Degrees Real Estate
915 W 2nd Ave.
Spokane WA, 99201