7 5th Street

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7 5th Street

Cheney, WA 99004
Asking Price
$460K
Asset Type
Residential Retail
Class
Class B

What's Special

Zone Multi Family <p><span style="color: rgba(0, 0, 0, 1)">Fantastic opportunity with this 16000 square foot lot zoned Multi Family. This property is only 3 blocks from Eastern Washington</span></p><p><span style="color: rgba(0, 0, 0, 1)">University and 3 blocks from Sutton Park. There are 2 parcels that make up the property. Nothing with this size has been available in</span></p><p><span style="color: rgba(0, 0, 0, 1)">Cheney for a number of years. Here's your chance to build a great investment project.</span></

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NOI
$80,000
Cap Rate
17.39%
DSCR
2.93
Strong
Cash-on-Cash
38.18%
Monthly Payment
$2,275.829
Annual Cash Flow
$52,690.052

Location & Travel Times