1405 8th, Spokane, WA 99204

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Courtesy of LT Real Estate

List Price
$1,600,000
Status
ACTIVE
MLS#
26-10526
Finished SqFt
9,372
Lot Size (sq ft)
12,196

Property Description

13-unit multifamily investment opportunity featuring 8 one-bedroom/one-bath units and 5 two-bedroom/one-bath units. The property generates $16,092.13 in Effective Gross Income and offers an on-site laundry facility, beautifully landscaped grounds, and a convenient location near restaurants, shopping, I-90, and Downtown Spokane. Investment highlights include a $114,247.54 NOI and a 7.14% cap rate, providing an attractive opportunity for investors seeking established rental income in a convenient Spokane location.

Additional Information

Community
N/A
Style
Multi Level
Basement
None
Year Built
1962
View
City
Roof
Composition
School District
Other

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