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6119 Colton, Spokane, WA 99208

$2,000,000
: 12,800
SqFt

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List Price: $2,000,000
Status: ACTIVE
MLS#: 26-9873
Style: Multi Level
Year Built: 1965
Acres: 0.20
Living Area: 12,800
Region: Washington Counties
Subdivision: N/A

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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.

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Additional Information

Taxes: $924,200
Lot Features: Level
Basement: None
Heating: Baseboard, Hot Water, Electric
Water: Public
Sewer: Public Sewer
School District: Other