See all 23 photos
23 photos
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Ryan Towner • LT Real Estate
$1,700,000
Est. payment /mo
9,372 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Residential Income
Listing Status Active
Purchase Type For Sale
Square Footage 9,372 sqft
Price per Sqft $181
MLS Listing ID 202622556
Year Built 1962
Lot Size 28.000 Acres
Lot Dimensions 28
Property Sub-Type Residential Income
Property Description
13-unit multifamily investment opportunity featuring 8 one-bedroom/one-bath units and 5 two-bedroom/one-bath units. The property generates $14,989 in monthly rental income and offers an on-site laundry facility, beautifully landscaped grounds, and a convenient location near restaurants, shopping, I-90, and Downtown Spokane. Investment highlights include a $116,128.50 NOI and a 6.83% cap rate, providing an attractive opportunity for investors seeking established rental income in a convenient Spokane location.
Location
State WA
County Spokane
Rooms
Basement None
Interior
Heating Baseboard
Exterior
Parking Features Carport, Off Site
Amenities Available None
View Y/N true
Roof Type Composition
Building
Story 2
Structure Type Stone,Wood Siding
Schools
School District Spokane Dist 81
Others
Acceptable Financing Conventional, Cash, Commercial
Listing Terms Conventional, Cash, Commercial
Read Less Info
NEARBY SCHOOLS & PROPERTIES
GET MORE INFORMATION
