2523 E 1st Ave Spokane, WA 99202
Listing Courtesy of: Spokane MLS / Spokane Northtown / Denise Apele

  2523 E 1st Ave Spokane, WA 99202

Pending (34 Days)
$299,978
3
BED
2
BATH
2,010
SQFT

Description

HUGE Opportunity for a Owner-Occupant to Significantly Offset Mortgage Payment or Great Rental Income Property w/ADU (remodeled in July 2021) ADU Leased @ $1,200/month since 2021. Freshly updated main home offers a fairly open floor plan in a convenient, central location that’s close to everything. Property has been a tremendous asset for the current owners, who purchased it as an investment and are only selling now to free up funds for another investment. This home also presents a great opportunity for owner-occupants to significantly reduce their mortgage payment via the studio (ADU) that reliably brings in $1,200/month. ADU tenant currently has no plans to vacate, but has offered $1,700/month to lease main home. Seller is keeping main home vacant for potential owner-occupant purchasers as well as investors. Sellers have never had an issue procuring tenants, and the main home was only recently vacated. Either way you slice it, this is a fantastic deal!

MLS #:
202411077
Taxes
$2,407
Lot Size
6,970 SQFT
Type
Single-Family Home
Year Built
1928
Style
One and a Half Story
School District
Spokane Dist 81
County
Spokane County

Listed By

Denise Apele, Spokane Northtown
Source
Spokane MLS
Last checked Mar 3 2024 at 11:03 AM GMT+0000
Bathroom Details
Interior Features
  • In-Law Floorplan
  • Vinyl
  • Wood Floor
Kitchen
  • Microwave
  • Refrigerator
  • Gas Range
  • Free-Standing Range
Subdivision
  • East-liberty Park
Lot Information
  • Level
Heating and Cooling
  • Ductless
  • Electric
Basement Information
  • Unfinished
  • Partial
Exterior Features
  • Roof: Composition Shingle
School Information
  • Elementary School: Sheridan
  • Middle School: Chase
  • High School: Ferris
Parking
  • None
Stories
  • 2
Living Area
  • 2,010 sqft
Additional Listing Info
  • Buyer Brokerage Commission: 2.00
Location
   
Calculate drive times to this property
 
Powered by INRIX® Drive Time

Powered by Walk Score®

Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
%
Interest rate
%
Mortgage calculator estimates are provided by Professional Realty Services and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: © 2022 Spokane Association of Realtors, All Rights Reserved. Information Deemed Reliable But Not Guaranteed. Use of these search facilities other than by a consumer seeking to purchase or lease real estate is prohibited.