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(509) 255-8072
Nick McLean Real Estate Group
420 E CHELAN Avenue, Chelan, WA 98816
- $618,000
- 1,824
- SqFt
Listing Broker: RE/MAX Advantage; Mary Signorelli; ; Selling Office: RE/MAX Advantage.
- Sold Price
- $618,000
- List Price
- $625,000
- Status
- SOLD
- MLS#
- 2189393
- Closing Date
- Aug 09, 2024
- Style
- 52 - Duplex
- Building Condition
- Remodeled
- Finished SqFt
- 1,824
- Area Total SqFt
- 1824
- Annual Tax Ammount
- 232
- Lot Size (sq ft)
- 4,356
- Sewer
- Sewer Connected
Property Description
Located on a very quiet street, zoned Multi-family, this newly remodeled duplex will make a great investment property. Or live in one unit and rent the other out, either way, it's a great deal. In walking distance to Downtown Chelan and adjacent to MOE school. The top unit (A) has two bedrooms, 1 bath, a kitchen and living room and enters from E Chelan Ave. The lower unit enters from the alley side and has the same amount of rooms just slightly smaller. Both units enjoy a yard with parking in front and in the rear. Totally remodeled just 8 years ago with a new roof installed in 2020. Appointments are welcome, please allow 24 hours for the convenience of the tenants. Call today! Lower unit is vacant and ready for a new tenant. Call today!
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Additional Information
- Community
- Chelan
- Net Operating Income
- $1,838
- Gross Adjusted Income
- $2,350
- Gross Scheduled Income
- $2,350
- Total Monthly Income
- $2,350
- Insurance Expenses
- $100
- Water/Sewer/Garbage Expenses
- $140
- Total Expenses
- $512
- Cap Rate
- 1
- Total Number of Units
- 2
- Unit Name
- 420
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1931
- View
- Territorial
- Roof
- Composition
- Site Features
- Deck, Fenced-Fully, High Speed Internet, Patio, Sprinkler System
- Electric Expenses
- 40
- Energy Source
- Electric
- School District
- Lake Chelan
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $2,350
- Gross Scheduled Income
- $2,350
- Gross Adjusted Income
- $2,350
- Tax Year
- 2023
- Insurance Expense
- $100
- W/S/G Expenses
- $140
- Total Expenses
- $512
- Net Operating Income
- $1,838
- Cap Rate
- 1
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.