$485,000/mo

1432 W 7th Ave, Spokane, WA 99204

2,660 sqft

Rental
Built in 1910
6,970sqft lot
2 car garage
$182/sqft
Listed 7 days ago

Property Description

Part of the Cannon Streetcar Suburb Historic District, this 1910 Craftsman was permitted from residence to apartments in conjunction with the Federal Government to provide housing for troops returning from WWII. A piece of Spokane history, this multi-family home sits proudly on an oversized corner lot, retaining its vintage charm with original wood-framed windows, built-ins, and hardwood floors throughout. The tuck-under garage and a detached two-car garage with alley access is ideal for storage, parking, or potential added utility. Not only is this an unbeatable location near parks, bluff trails, South Hill and Downtown amenities - the unit count creates an investment opportunity for owner-occupied financing AND qualifies, in partnership with Spokane Historic Preservation, for the Special Valuation Tax Incentive. A great addition to any investment portfolio! Projected 6.5% - 7% untrended cap rate. Contact your local agent for more details. 3-D tour available on Zillow.

Listing Status:: Active
Listing Office:: CENTURY 21 Beutler & Associates : 206-919-2161
Listing Agent:: Amber Rae Durkoop : 206-919-2161
MLS ID:: 202526141

General: Hot WaterSmart ThermostatNatural Woodwork
Appliances: Free-Standing RangeRefrigeratorWasherDryer
Basement: PartialUnfinishedLaundry
Flooring: Wood
Heating: Natural GasHot Water

General: See Remarks
Style: Craftsman
Parking: AttachedDetachedUndergroundAlley AccessParking spaces: 2650

Roofing: Composition
Windows: Bay Window(s)Wood Frames
General: Two Story

Road/Access: City StreetPaved Road
HOA Amenities: LaundryGas
Originating MLS: sarmls
School District: Spokane Dist 81
County: Spokane

Zoning: 25244.3207
View: City

Source: sarmls

This listing courtesy of Amber Rae Durkoop, CENTURY 21 Beutler & Associates

Location

Schools Nearby

Roosevelt Elementary School

333 W 14th Ave, Spokane, WA, 99204

Grades PK-5

1.03 miles away

Shrine Hospital

911 W 5th Ave, Spokane, WA, 99204

Grades PK-12

0.39 miles away

Lewis & Clark High School

521 W 4th Ave, Spokane, WA, 99204

Grades 9-12

0.65 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.