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206-886-3986
Real Estate Company
6119 Colton, Spokane, WA 99208
Courtesy of LT Real Estate
- $2,000,000
- 12,800
- SqFt
- List Price
- $2,000,000
- Status
- ACTIVE
- MLS#
- 26-9873
- Subtype
- Residential Income
- Style
- Multi Level
- Year Built
- 1965
- Living Area
- 12,800
- Lot Size
- 8,712
- Acres
- 0.20
- Subdivision
- N/A
- Neighborhood
- N/A
- MLS Area Major
- Washington Counties
Property Description
20-unit multifamily investment opportunity in convenient North Spokane location. The property features 20 one-bedroom, one-bath units with LVP flooring, off-street parking, and an on-site laundry facility. Effective Gross Income of $18,310.20 per month. Built in 1965, the 12,800 SF property offers an attractive investment profile with a $134,042 NOI and 6.7% cap rate.
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Additional Information
- Taxes
- $924,200
- Property Description
- Multi Level
- Zoning
- RHD-70
- Heating
- Baseboard, Hot Water, Electric
- Roof
- Composition
- Foundation
- Concrete Perimeter
- School District
- Other
- View
- None