Listing courtesy of Windermere RE/Lake Chelan 509-682-4211
$325,000
Downtown Chelan Development Opportunity: Rare downtown mixed residential offering with income in place from day one. A 2 bedroom, 1 bath, 1,050SF stucco bungalow sits on the site and produces cash flow while you design, permit, and plan your next multi-family project. Hold it, rent it, then build beside it.… Read More The land is the story. One full lot plus 22 feet of a second, measuring 71 feet wide by 91 feet deep, fully surveyed, filled, and graded. The heavy lifting is done. Go vertical adjacent to the existing bungalow with a two-story duplex, or explore two ADUs, whichever pencils stronger for your model. Contact the City of Chelan Planning Department to confirm the path that fits your plan. Position matters here. Walk to downtown shops, restaurants, and schools, with the lake minutes away. Chelan's downtown core continues to absorb demand for attached and small-scale multi-family housing, and infill sites this close in, already prepped, do not come available often. Sold as-is. Property will not qualify for first time buyer or conventional financing. Contact local lenders regarding portfolio or in house loan programs. NO SELLER FINANCING AVAILABLE. Tenant occupied, appointment only. Buyer to verify zoning, density, square footage, and development potential with the City of Chelan. Read Less
Listing Snapshot
Cumulative Days On Market
56
Last Updated
Property Type
Single Family Residence
Lot Size
0.15 Acres
MLS Number
2571618
Days online/new listing status Based on first download from the MLS.
30 Days Snapshot Of 98816
108
+11%
homes for sale
Snapshot
Area Map
Additional Details
Appliances & Equipment
Dryer, Refrigerator, Stove(s)/Range(s), Washer
Building
Built in 1930, Built in 1930 (effective), Living area: 1050, Building faces East, Levels: One and One Half, Entry location: Main, Construction Materials: Stucco
Cooling
Window Unit(s)
Exterior Features
Stucco
Fireplaces
1 fireplace, Wood Burning
Floors
Ceramic Tile, Vinyl
Foundation
Block
Heating
Wall Furnace
Home Owner's Association
Association Fee: $0
Interior Features
Fireplace, Water Heater
Lot
0.15 acres, Dimensions: 70ft x 90ft, Open Space, Value In Land, Topography: Level
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. Listings last updated on ,
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