1224 E Celesta Ave, Spokane, WA 99202

$475,000
3,852
SqFt
List Price
$475,000
Price Change
▼ $24,000 1710810501
MLS#
202324472
Status
ACTIVE
City
Spokane
Acres
0.29
Living Area
3,852

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.

Additional Information

Year Built
1891
School District
Spokane Dist 81
Elementary School
Grant
Middle School
Sacajawea
High School
Lewis & Clark
Garage Spaces
2
Frontage
Paved Road, City Street
Area/Grid
SE Urban S I-90
MLS Area/Grid#
A210/031
Acres MOL
0.29
Lot Size
12,632
Basement
Partial, Partially Finished, Rec/Family Area, Laundry, Walk-Out Access
Master Bedroom
Dbl Clst, 3/4 Bath, 2nd Flr
Features
Breakers
Heating/Cooling
Gas Hot Air Furnace, Forced Air
Lot Information
Hillside, Corner Lot

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of SARMLS / Home Sales Spokane

Listings last updated . All information provided is deemed reliable but is not guaranteed and should be independently verified.