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Hillary Lovitt

hillary@teamnsrg.com +1(253) 514-7682

Listed by:Windermere RE/Lake Chelan • Arturo Zavala

$325,000

Est. payment - /mo

2 Beds

0.75 Baths

1,050 SqFt

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,050 sqft

Price per Sqft $309

Subdivision Chelan

MLS Listing ID 2571618

Style 11 - 1 1/2 Story

Bedrooms 2

Year Built 1930

Annual Tax Amount $2,473

Lot Size 6,534 Sqft

Lot Dimensions 70ft x 90ft

Property Sub-Type Single Family Residence

Property Description

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. 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.

Location

State WA

County Chelan

Area 961 - Lake Chelan

Rooms

Basement None

Main Level Bedrooms 1

Interior

Interior Features Fireplace, Water Heater

Flooring Ceramic Tile, Vinyl

Fireplaces Number 1

Fireplaces Type Wood Burning

Fireplace true

Appliance Dryer, Refrigerator, Stove(s)/Range(s), Washer

Exterior

Exterior Feature Stucco

Amenities Available Fenced-Partially, RV Parking

View Y/N Yes

View Mountains, Territorial

Roof Type Composition

Building

Lot Description Open Space, Value In Land

Story One and One Half

Sewer Available, Sewer Connected

Water Public

New Construction No

Schools

Elementary Schools Morgen Owings Elem

Middle Schools Chelan Mid

High Schools Chelan High

School District Lake Chelan

Others

Senior Community No

Acceptable Financing Cash, See Remarks

Listing Terms Cash, See Remarks

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Hillary Lovitt

+1(253) 514-7682

Broker | License ID: 134421

Broker License ID: 134421

617 N Bradley ST Chelan, WA 98816

Hillary Lovitt

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

Nearby Locations

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617 N Bradley ST