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Don’t let your Veteran and military friends miss out on the opportunity to discover this home!
50
Photos
3
beds
2
baths
3,236
sqft
Built in
1904
Welcome to an exceptional investment opportunity in Spokane Valley. This expansive 1.05-acre parcel, zoned for Multi-Family Residential (MFR), is perfectly positioned in a highly sought-after area, offering unparalleled potential for future development, including the option to build up to 22 units per acre.The property features a beautifully renovated 1904 home complete w/ new furnace & modern updates throughout. The home boasts a spacious kitchen & living area w/ 3 bedrm perfect for gatherings, & a charming masonry fireplace that adds warmth & character. Alongside the main residence, you'll find a spacious 30x40 shop with a powder bath & 1,200 sqft ADU. The shop offers flexibility, as it could easily be converted to add a single studio apartment while preserving half the shop space & the existing ADU, providing additional rental income or living options. This parcel offers the flexibility to divide the lot or pursue a larger-scale development by catering to a variety of investors. 2 storage shed with power
Features & Amenities
Interior
- General:
- Utility Room, Wood Floor, Natural Woodwork, Windows Wood
- Appliances:
- Free-Standing Range, Dishwasher, Refrigerator, Kit Island
- Basement:
- Full, Unfinished
- A/C:
- Central Air
- Heating:
- Gas Hot Air Furnace, Forced Air
- Fireplace:
- Masonry, Fireplaces: 1
Exterior
- General:
- Workshop, Shed(s), See Remarks
- Style:
- Contemporary
- Parking:
- Detached, Workshop in Garage
Construction
- Roofing:
- Composition Shingle
- General:
- Two Story
Location
- Road/Access:
- City Street, Paved Road
- HOA Amenities:
- Deck, Patio
- Originating MLS:
- sarmls
- School District:
- Spokane Dist 81
- County:
- Spokane
Lot
- Zoning:
- 35242.9020
- View:
- Territorial
Financial
- Source:
- sarmls
This listing courtesy of:
John L Scott, Spokane Valley, Jessica Granly
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Spokane, WA
Housing
- Number of Units
- 173,375
- Median Home Value
- $249,955
- Median Rent
- $857
41.82% of housing units are renter occupied.
4.83% are vacant.
Commute
- Car
-
68.54%
- Public Transportation
-
2.50%
- Walk to Work
-
2.34%
- Work from Home
-
25.48%
- Other
-
0.64%
The median travel time to work is 17 minutes.
People
- Population
- 390,669
- Median Age
- 38.50
- Median Household Size
- 2.56
Education
- High School
-
22.29%
- Associate’s Degree
-
13.02%
- Bachelor’s Degree
-
20.26%
- Graduate Degree
-
11.49%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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