1427 7thSpokane, WA 99204

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. Highlights - 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.

Property Information

Property type

Residential Income

Sub-type

Multi Family

Year built

1902

Living area

3,919 Sq Ft

Lot size

0.16 acres

Zoning

RMF

Days on market

218

MLS^® Listing#

26-2801

Property Features

Heating

Baseboard · Electric

Basement

Unfinished

Parking

Paved

Lot features

Level

Construction

Frame · Wood Siding

Foundation

Concrete Perimeter

Roof

Composition

Sewer

Public Sewer

Water source

Public

Financial Details

HOA

None

Annual taxes

$5,508Tax year 2025

Parcel number

25244.3306

Directions

on the corner of S Walnut St and W 7th Ave Parcel