6119-6123 N Colton St, Spokane, WA 99208
6119-6123 N Colton St, Spokane, WA 99208
6119-6123 N Colton St, Spokane, WA 99208
6119-6123 N Colton St, Spokane, WA 99208
6119-6123 N Colton St, Spokane, WA 99208
6119-6123 N Colton St, Spokane, WA 99208
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Spencer Millsap

Spencer Millsap

+1(509) 688-5014
Listed by Ryan Towner • LT Real Estate
$ 2,100,000
Est. payment | /mo

12,800 SqFt

Save
$ 2,100,000
Est. payment | /mo
Save

12,800 SqFt

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

Nearby Locations

Spencer Millsap

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(509) 688-5014

spencer@realestatemvmt.com

1119 W 1st Ave, Spokane, Washington 99201, USA

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6119-6123 N Colton St