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Listed by Jordan Lester • SVN Cornerstone
$ 645,000
Est. payment /mo
Active
1427 W 7th Ave Spokane, WA 99204
3,919 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Residential Income
Listing Status Active
Purchase Type For Sale
Square Footage 3,919 sqft
Price per Sqft $164
MLS Listing ID 202614397
Year Built 1902
Lot Size 6,969 Sqft
Lot Dimensions 0.16
Property Sub-Type Residential Income
Property Description
SVN Cornerstone is pleased to present the Seventh Apartments for sale located at 1427 W 7th Ave in Spokane's Cliff Cannon neighborhood. The Seventh Apartments consist of six total units including five 1bed/1bath units and 1 studio. The property features three on site parking spaces, ample street parking, and a dedicated room that can be converted into a laundry room. Highilights - 100% Occupied – Fully occupied property providing immediate and stable cash flow. - Over $30K in Recent CapEx – Recent improvements include new water heaters and fresh exterior paint. - Upgraded Copper Electrical Wiring – Copper electrical wiring reduces insurance concerns and future capital needs. - Unique Property Layout – One unit is located in a separate building, offering added privacy and a distinctive unit mix. - Prime Central Location – Conveniently located near a bus stop, hospitals, downtown Spokane, I-90, shopping, dining, and major employers.
Location
State WA
County Spokane
Rooms
Basement Unfinished
Interior
Heating Electric, Baseboard
Exterior
Parking Features Off Site
Amenities Available Gas
View Y/N true
Roof Type Composition
Building
Lot Description Level, Corner Lot
Story 2
Structure Type Wood Siding
Schools
Elementary Schools Roosevelt
Middle Schools Sacajawea
High Schools Lewis & Clark
School District Spokane Dist 81
Others
Acceptable Financing FHA, Conventional, Cash, Commercial
Listing Terms FHA, Conventional, Cash, Commercial