1918 W 7th Avenue

Multi-Family

1918 W 7 Ave, SpokaneWA 99204

Property Details

Location

Address
1918 W 7 Ave, SpokaneWA 99204
County
Spokane
Submarket
CBA South Hill
Parcels
25244.2708
In Opportunity Zone
Yes

Building Size

Building Size
3,216 SF
Rentable Space
3,216 SF

Building Details

Type
 Multi-Family
Number of Buildings
1
Number of Units
4
Occupancy Type
Multi-tenant
Percent Occupied
100%
Building Class
Building Status
Existing
Floors
2
Year Built
1890
Year Renovated
2018
Sprinklers
Parking Ratio
Heated
Yes

Land & Utilities

Land (Acres)
0.16 Acres
Land (SF)
7,100 SF
Electricity
Yes, Avista
Sanitary Sewer
Yes, City
Water
Yes, City
Zoning
RHD
Lot Depth
Lot Width

Contacts

Current Listings

1918 W 7th Ave

$600,000
Cap Rate: 12.01%

Newly remodeled historic fourplex located in Cannons Addition! Currently set up as a successful Air&B/VRBO. Take over the property as is, including all the furnishings, or convert to long term tenants. Close in location with easy access to downtown, hospitals, airport and more. Each unit is well stylized. The modern loft unit features one bedroom, one bathroom, full kitchen and a spacious living room area. The Boho unit features two bedrooms, one bathroom as well as a full kitchen and living room area. The PNW unit features one bedroom, one bathroom, one queen sleeper sofa in the living room, office and full kitchen. The last unit is retro and features one bedroom, one bathroom, living room with pullout sleeper and privacy door along with a full kitchen. Each unit is equipped with an on-site laundry set as well. Spacious open full basement ready for your imagination. Rare opportunity!

Newly remodeled historic fourplex located in Cannons Addition! Currently set up as a successful Air&B/VRBO. Take over the property as is, including all the furnishings, or convert to long term tenants. Close in location with easy access to downtown, hospitals, airport and more. Each unit is well stylized. The modern loft unit features one bedroom, one bathroom, full kitchen and a spacious living room area. The Boho unit features two bedrooms, one bathroom as well as a full kitchen and living room area. The PNW unit features one bedroom, one bathroom, one queen sleeper sofa in the living room, office and full kitchen. The last unit is retro and features one bedroom, one bathroom, living room with pullout sleeper and privacy door along with a full kitchen. Each unit is equipped with an on-site laundry set as well. Spacious open full basement ready for your imagination. Rare opportunity!

View Details
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Commercial Location Score (CLS) is a scoring system developed by Moody's Analytics to help commercial real estate professionals gain a quick understanding of the major factors that affect the value of a location. It's designed as a means to consistently evaluate a location's suitability/desirability for a particular use based on a number of factors.

BROKER

Source: CBA

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