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.
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0BEDS
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0.16ACRES
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0BATHS
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01/2 BATHS
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2,660SQFT
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$182$/SQFT
School Information
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.
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