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$ 2,000,000
Est. payment | /mo
12,800 SqFt
$ 2,000,000
Est. payment | /mo
12,800 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 12,800 sqft
Price per Sqft $156
MLS Listing ID 26-9873
Style Multi Level
HOA Y/N No
Year Built 1965
Annual Tax Amount $924,200
Tax Year 2024
Lot Size 8,712 Sqft
Acres 0.2
Property Sub-Type Multi Family
Source Coeur d'Alene Multiple Listing Service
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.
Location
State WA
County Spokane
Area Washington Counties
Zoning RHD-70
Direction GPS is accurate
Rooms
Basement Crawl Space, None
Interior
Heating Electric, Baseboard, Hot Water
Exterior
Garage Description None
View None
Roof Type Composition
Building
Lot Description Level
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Other
Others
Tax ID 36322.0623
Listed by LT Real Estate
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