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$500,000
Joey Costello
Windermere North Spokane
Tour for free, no strings attached
Make a winning offer with the help of a local expert
About This Home
Do not sleep on this AMAZING investment opportunity! If short platted into 5 50'X125' lots, you can potentially build up 5 four-plexes on these parcels. With current city ordinances changing June 1st, also if short platted into 5 lots, you can potentially build up to 6 units per lot (a total of 30 units) with no parking requirements, a 45 foot height limit, etc, as long as all city requirements and regulations are met. Neighboring property to the East has submitted application with the city with intent to build 8 new townhomes. ***Buyer to verify any and all info***
Sale Summary
Sold Price
$400,000
List Price
$500,000
Sale vs List
-20%
Close Date
Feb 9, 2024
Financing
Cash
Buyer's Agent
Blake Nelson
Property Details
Property Type
Unimproved Land
County
Spokane
Lot Size
0.75 acres
Schools
Elementary: Spokane Dist 81, Middle: Chase, High: Ferris
Days to Sell
8 days
MLS #
SAR202411230
Parcel #
35274.0727
MLS Area
A210/046
MLS Class
Lots & Land
Listing Terms
Conventional, Cash
Road Frontage
City Street, Paved Road, See Remarks
Street Direction
E
MLS Status
Sold
Listed On
Jan 31, 2024
Went Pending
Feb 3, 2024
Status Changed
Feb 9, 2024
Last MLS Update
Feb 10, 2024
MLS Branch
1221
School Information
Elementary
Spokane Dist 81
Middle School
Chase
High School
Ferris
Home Features & Details
Utilities
Water Source
Sewer
Listed By
Blake Nelson
REAL Broker LLC
Joey Costello
Windermere North Spokane
Tour for free, no strings attached
Make a winning offer with the help of a local expert
Estimated Monthly Payment
$2,708/mo
Estimated at 6.5% APR, 30-year fixed. For informational purposes only.
Property Highlights
Location
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