$725,000

Residential Income In Spokane

  • 9,148 Sqft lot
  • Updated: May 14
  • Source:
    Spokane Association of REALTORS  MLS#202617285

About the Property

Exceptional investor or owner-occupant opportunity featuring a well-maintained fourplex in North Spokane within the desirable Mead School District. With strong rental history and quality updates throughout, this property offers excellent income potential and long-term value. Each unit features just under 1,000 SF with 2 bedrooms, 2 bathrooms, including a primary suite, plus LVP flooring, updated c
Exceptional investor or owner-occupant opportunity featuring a well-maintained fourplex in North Spokane within the desirable Mead School District. With strong rental history and quality updates throughout, this property offers excellent income potential and long-term value. Each unit features just under 1,000 SF with 2 bedrooms, 2 bathrooms, including a primary suite, plus LVP flooring, updated cabinetry, stainless steel appliances, updated vinyl windows, in-unit laundry, and individual A/C units. Residents also enjoy private balconies or porches, off-street parking, and detached garages for added convenience and income potential. Gross Monthly Income: $5,360. NOI: $51,453.83. Cap Rate: 7.1%. Potential to package 803 W Knox Ave and 1511-1517 W Euclid Ave for expanded investment opportunity.
  • Property type

    Other

  • Year built

    1981

Features

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8705 N Colton St, Spokane, Washington, United States View on Google Maps
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LT Real Estate - Spokane

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LT Real Estate - Spokane
Washington, United States
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23
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LT Real Estate - Spokane
Spokane, Washington, United States
View agency profile
Last updated
May 14
First listed
May 14
Listing reference
202617285
Listing status
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