711 E Lake St, Medical Lake, WA 99022

$299,000
1,980
SqFt

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List Price
$299,000
Price Change
▼ $26,000 1786423786
MLS#
202622355
Property Sub-Type
Residential Income
Current MLS Listing Sale Status
Active
Financing Terms
Conventional, Cash, Owner Financing, See Remarks
City
Medical Lake
Acres
0.30

Property Description

Attention Investors: This is your opportunity to get into a massive potential investment at a very reasonable price in a small city with future growth heading its way! Several directions possible with this purchase as it is located in a great neighborhood just blocks from town center. Currently has 3 buildings on a large corner. Rare investment and redevelopment opportunity in Medical Lake! This spacious residential property offers significant potential for added housing density, including the possibility of subdividing into two lots and developing multiple units. Existing structures provide additional flexibility for renovation or redevelopment.

Additional Information

Year Built
1939
MLS Area/Grid
West Med Lk Cheney
MLS Area/Grid Number
A420/095
Parcel Number
14181.2303
School District
Medical Lake
Home Amenities
None
Home Total Sq Ft
1,980
Garage Spaces
2
Basement
None, See Remarks
Heating/Cooling
Electric, Forced Air
Roof Style
Composition
Frontage
City Street, Paved Road
Acres MOL
0.30000000000000004
Lot Size
13,068
Lot Information
Level, Corner Lot, Oversized Lot
Property Sub-Type
Residential Income

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of SARMLS / Extant Realty

Listings last updated . All information provided is deemed reliable but is not guaranteed and should be independently verified.