1427 7th

The Story

"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."