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Listed by Ryan Towner • LT Real Estate
$2,100,000
Est. payment /mo
12,800 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Residential Income
Listing Status Active
Purchase Type For Sale
Square Footage 12,800 sqft
Price per Sqft $164
MLS Listing ID 202622562
Year Built 1965
Property Sub-Type Residential Income
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. Current rental income is $16,578.50 per month. Built in 1965, the 12,800 SF property offers an attractive investment profile with a $105,000 NOI and 6.38% cap rate.
Location
State WA
County Spokane
Rooms
Basement Partial, Laundry, Crawl Space
Interior
Heating Electric, Baseboard, Hot Water
Exterior
Parking Features Carport, Off Site, Alley Access
Amenities Available Laundry, Storage
View Y/N true
Roof Type Composition
Building
Lot Description Sprinkler - Automatic, Treed, Level
Story 2
Structure Type Brick
Schools
School District Spokane Dist 81
Others
Acceptable Financing Conventional, Cash, Commercial
Listing Terms Conventional, Cash, Commercial
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