Welcome to an exceptional investment opportunity in Spokane Valley.
The property features a beautifully renovated 1904 home, sitting on 1.05 acres, complete with a new furnace and modern updates throughout. The home boasts a spacious kitchen and living area, perfect for gatherings, and a charming masonry fireplace that adds warmth and character. Alongside the main residence, you'll find a spacious 30x40 shop with a powder bathroom and a 1,200 sq ft ADU. The shop offers flexibility, as it could easily be converted into a single studio apartment while preserving the shop space, providing additional rental income or living options.
This parcel offers the flexibility to divide the lot or pursue a larger-scale development by demolishing and expanding, catering to a variety of investment goals. Whether you're looking to build upon the existing structures or embark on a new project, this property presents a unique opportunity to shape the future of Spokane Valley's residential landscape while enhancing your investment portfolio.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.