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2523 E 1st Ave

Spokane, WA 99202
  • $299,978
  • STATUS: Pending
  • ON SITE: 29 Days
  • ID#: 202411077
Pending
UPDATED: 45 min ago
$299,978
  • 3
    BEDS
  • 0.16
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 2,010
    SQFT
  • $149
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1928
County:
Area:

School Information

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

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!

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© 2024 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 2024-02-24T00:20:52.29.
www.propertybyprime.com/homes/146942950
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2523 E 1st Ave Spokane, WA 99202

  • Price: $299,978
  • Status: Pending
  • On Site: 29 Days
  • Updated: 45 min ago
  • ID#: 202411077
3
Beds
2
Baths
0
½ Baths
0.16
Acres
2,010
SQFT
$149
$/SQFT
1928
Built
Neighborhood:
East-Liberty Park
County:
Spokane
Area:
A340/027
Elementary School:
Sheridan
Middle School:
Chase
High School:
Ferris
School District:
Spokane Dist 81
Property 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!
Exterior Features

Architectural Style Rancher Construction Materials Vinyl SidingCedar Lot Features Level Parking Features None Road Frontage Type City StreetPaved Road Roof Composition Shingle

Interior Features

Appliances Free-Standing RangeGas RangeRefrigeratorMicrowave Basement PartialUnfinished Basement YN Yes Dining Room Features Informal Family Rec Room 1st FlrFormal LR Heating ElectricDuctless Interior Features Wood FloorVinylIn-Law Floorplan Primary Bedroom Features Wlkin Clst1st Flr

Property Features

Association Amenities Cable TVDeckHigh Speed InternetHigh Speed Internet Building Area Total 2010 Listing Terms FHAVA LoanConventionalCash New Construction YN No Property Sub Type Residential Structure Type One and a Half Story Tax Annual Amount 2407

Listing provided courtesy of Professional Realty Services: .


© 2024 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 2024-02-24T00:20:52.29.
 
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Prime Real Estate Group
417 W 1st St
Spokane WA, 99201