$875,000 230-240 SE Spring StPullman, WA 99163 4 bed 3 bath 1,780 SqFt ($491/SqFt) 0.5 acre lot. Built 1937 Listed 2024-02-15 | May be USDA loan restricted due to income limits near Pullman |
This TriPlex is in a prime location, steps from downtown businesses, restaurants and entertinment. An income producing property, located on approximately a half of an acre of land that adjoins downtown Pullman is a rare find! The upper unit (1 bedroom plus Den) has newer LVP flooring, new appliances, fresh paint and bathroom fixtures. It rents for $825/month. The middle unit (2bedroom + 1 bath) has full sized W/D with new floors, fixtures paint etc The flooring is hardwood. Rents for $1125/month. The third unit is vacant and has potential for improvement. Located directly off of Spring Street and currently listed as a package of several parcels waiting for your idea.
Downtown Pullman is vibrant and growing and there is a limited supply of land available. It is also close to Washington State University, making it a tremendous investment for students and faculty. This makes the opportunity to purchase and R3 zoned lot in the heart of the city an incredibly rare and exciting one. Many of the feasibility studies have already been conducted and survey is complete so you can start planning your development ideas right away without huge time and money investments. With the potential to be developed into a variety of housing options, the possibilities are endless. Or simply keep the Triplex as is and collect the current rental incom e, So What Are You Waiting For? Contact us today to learn more about this rare development opportunity in downtown Pullman. We cant wait to see what you create!
Presented by Ashley Alred at
Coldwell Banker Tomlinson Associates - Pullman.
Property MLS #273792 from PACMLS
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.