If you’re looking for a unique investment opportunity in Washington, then this Washington Investment Property For Sale might just be the perfect fit for you. This rare find is a double brick turn of the century home, located on five lots on one parcel, offering plenty of potential for those who are looking to capitalize on the opportunity zone benefits.
Currently, the property is being used as two rental homes, but the possibilities are endless. Whether you’re interested in restoring the homes to their original glory or using the parcel as a future building site for an apartment complex, condos, or any other type of business, this property is an excellent investment opportunity.
One of the best things about this investment property is its location. It is conveniently located near downtown, making it walking distance to the new Podium and the Spokane Arena, between Kendall Yards and Gonzaga University. This property is sure to attract renters or potential buyers who are looking for a prime location.
Another advantage of this Washington Investment Property For Sale is that it is currently zoned CB150, which means that it is suitable for commercial use. This zoning designation allows for a wide range of commercial activities, including retail, office, and mixed-use developments. This is a great opportunity for anyone looking to start a business in a prime location.
The two homes on the property have a lot of character and charm, with unique features that make them stand out from other properties. 538 W Sinto has three bedrooms upstairs, an open staircase, and a main floor bath. The formal living room and dining room with built-in cabinets add to the home’s charm.
540 W Sinto, on the other hand, boasts a large living room with the original fireplace and tall ceilings, an updated kitchen and bath, and a main floor laundry. Upstairs, there are two bedrooms and a full bath. Both homes have their own distinct features, making them a desirable option for renters or buyers.
It’s important to note that the property comes with tenants, so it’s essential not to disturb them during the viewing process. However, this also means that you’ll have an immediate source of income as soon as you purchase the property.
In conclusion, this Washington Investment Property For Sale is a rare find that is worth considering if you’re looking for an investment opportunity with lots of potential. Its prime location, commercial zoning, and unique homes make it an attractive option for anyone looking to invest in Washington’s real estate market.
540 W Sinto, Spokane, WA 99201-2428