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1224 E Celesta Ave

Spokane, WA 99202
  • $499,000
  • STATUS: Active
  • ON SITE: 15 Days
  • ID#: 202324472
$499,000
  • 0
    BEDS
  • 0.29
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,852
    SQFT
  • $130
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1891
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

Incredible duplex investment opportunity in the South Perry District in Spokane that features popular restaurants, breweries, shopping, & coffee shops! The floor plan is great for tenants w/ huge rooms, tons of storage space & quality finishes. Each unit also has its own garage & laundry hookups & is individually metered for electricity & natural gas. Unit A has 2 bedrooms & 1.5 bathrooms w/ a 2 car garage & Unit B has 1 bedroom plus an office, 1 bathroom, & a 1 car garage. This property is also ideal for future development or adding additional units to the oversized 0.29 Acre lot. The RMF zoning allows up to 8 units. There are multiple incentives for investment or redevelopment of this property including the Opportunity Zone, Multi-Family Tax Incentive (MFTE) through the City of Spokane, GFC waiver, & the New Market Tax Credit (NMTC). This is a great opportunity for investors to secure a solid cash flowing investment w/ potential to add more units in the future. Please do not disturb the tenants.

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© 2023 of Spokane Association of REALTORS­® MLS. All rights reserved. Listing information courtesy of Spokane Association of REALTORS­® MLS. IDX data is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the SARMLS. Data last updated 2023-11-30T00:20:27.273.
spokane.rmgrealestate.com/homes/145259070
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1224 E Celesta Ave Spokane, WA 99202

  • Price: $499,000
  • Status: Active
  • On Site: 15 Days
  • ID#: 202324472
0
Beds
0
Baths
0
½ Baths
0.29
Acres
3,852
SQFT
$130
$/SQFT
1891
Built
Neighborhood:
A210/031
County:
Spokane
Area:
A210/031
Elementary School:
Grant
Middle School:
Sacajawea
High School:
Lewis & Clark
School District:
Spokane Dist 81
Property Description
Incredible duplex investment opportunity in the South Perry District in Spokane that features popular restaurants, breweries, shopping, & coffee shops! The floor plan is great for tenants w/ huge rooms, tons of storage space & quality finishes. Each unit also has its own garage & laundry hookups & is individually metered for electricity & natural gas. Unit A has 2 bedrooms & 1.5 bathrooms w/ a 2 car garage & Unit B has 1 bedroom plus an office, 1 bathroom, & a 1 car garage. This property is also ideal for future development or adding additional units to the oversized 0.29 Acre lot. The RMF zoning allows up to 8 units. There are multiple incentives for investment or redevelopment of this property including the Opportunity Zone, Multi-Family Tax Incentive (MFTE) through the City of Spokane, GFC waiver, & the New Market Tax Credit (NMTC). This is a great opportunity for investors to secure a solid cash flowing investment w/ potential to add more units in the future. Please do not disturb the tenants.
Exterior Features

Construction Materials Vinyl Siding Lot Features HillsideCorner Lot Parking Features AttachedGarage Door OpenerOff Site Parking Total 988 Road Frontage Type City StreetPaved Road Roof Composition Shingle

Interior Features

Additional Dining Features Informal Additional Primary Bedroom Features Dbl Clst3/4 Bath2nd Flr Appliances Free-Standing RangeRefrigerator Basement PartialPartially FinishedRec/Family AreaLaundryWalk-Out Access Basement YN No Fireplace Features Gas Heating Gas Hot Air FurnaceForced Air Interior Features Utility RoomWood FloorWindow Bay BowSkylight(s)

Property Features

Additional Parcels YN No Association Amenities DeckNone Building Area Total 3852 Electric Breakers High Speed Internet Yes Listing Terms ConventionalCash Property Sub Type Rental Structure Type Two Story Tax Annual Amount 5057 Water Sewer Expense 1657

Listing provided courtesy of Home Sales Spokane: .


© 2023 of Spokane Association of REALTORS­® MLS. All rights reserved. Listing information courtesy of Spokane Association of REALTORS­® MLS. IDX data is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the SARMLS. Data last updated 2023-11-30T00:20:27.273.
 
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