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1007 Montgomery ave - Monroe Street Triplexes and Development Site 0.43 Acres of Residential Land Offered at $1,100,000 in Spokane, WA 99205



INVESTMENT HIGHLIGHTS
- Three contiguous parcels, including two triplexes and one corner lot
- Current rental income totals $5,150/month (contact listing agent for triplex financials)
- Total land size is 0.43 acres or 18,731 SF
- Six total 1bed/1bath units across the two triplexes
- Redevelopment opportunity with flexible CC2-DC zoning (see zoning details on page 5)
- Available for sale or joint venture partnership-Seller financing available with 20% down payment and a 5 year term
PROPERTY FACTS
| Price | $1,100,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Residential |
| No. Lots | 1 | Total Lot Size | 0.43 AC |
| Price | $1,100,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 0.43 AC |
1 LOT AVAILABLE
Lot
| Price | $1,100,000 | Lot Size | 0.43 AC |
| Price Per AC | $2,558,139.53 |
| Price | $1,100,000 |
| Price Per AC | $2,558,139.53 |
| Lot Size | 0.43 AC |
DESCRIPTION
SVN Cornerstone is pleased to present the Monroe Street Triplexes and Development Site for sale, located at 1007 W Montgomery Ave in Spokane. This property is ideally situated in the vibrant Monroe District near a variety of amenities, including schools, restaurants, shopping, entertainment, and parks, making it an ideal location for developers, investors, and residents
1 1
Walk Score®
Very Walkable (83)
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1007 Montgomery ave - Monroe Street Triplexes and Development Site
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