6119-6123 N Colton St, Spokane, WA 99208

$2,100,000
12,800
SqFt

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List Price
$2,100,000
MLS#
202622562
Property Sub-Type
Residential Income
Current MLS Listing Sale Status
Active
Financing Terms
Conventional, Cash, Commercial
City
Spokane

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.

Additional Information

Year Built
1965
MLS Area/Grid
NE Urban N I-90
MLS Area/Grid Number
A340/004
Parcel Number
36322.0623
School District
Spokane Dist 81
Home Amenities
Laundry, Storage
Home Total Sq Ft
12,800
Basement
Partial, Laundry, Crawl Space
Heating/Cooling
Electric, Baseboard, Hot Water
Roof Style
Composition
Frontage
City Street, Paved Road
Lot Information
Sprinkler - Automatic, Treed, Level
Property Sub-Type
Residential Income

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Calculator source: Real Geeks

Listing courtesy of SARMLS / LT Real Estate

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