$1,600,000
Coeur d'Alene, ID 83814
MLS# 24-588
Status: Pending
4736 sqft
1 / 27
Property Description
Offering renovated 8 plex in the heart of downtown CdA. Each unit is a modified studio with a bedroom area and one bath. The building and units have been completely renovated. Each unit was completely updated with new electrical, plumbing, lighting, flooring, and paint. These units were updated with designer furnishings in 2022/23 and show very well. Units have exterior balconies. New landscaping. Currently rented at $1300/unit but should be able to push rents to $1400/unit. One unit was used as an Airbnb and did very well. The laundry room is located on-site. There is a parking lot and ample street parking.
Details
Contract Information
Status: Pending
Listing Type: Multi Family
Area: 01 - Cd'A Urban/Dalton
Neighborhood Grid #: 104
Begin Date: 2024-01-23
List Price: $1,600,000
Non-Agent Compensation Type: %
Buyer Agency Compensation: 2.5
Buyer Agency Compensation Type: %
Under Contract Date: 2024-04-24
Short Sale: No
REO: No
General Property Description
Realtor.COM Type: Multi-Family
Number of Units: 8
Studio Units: 8
Building Style: Multi Level
Basement: Yes
Garage Stall: None
Total SqFt.: 4736
SqFt. 1: 2368
SqFt. 3: 2368
ESTIMATED SqFt Source: Assessor
SqFt Per: Bldg
Year Built: 1949
Remodeled: Yes
Year of Remodel: 202223
New Construction: No
Lot Acres: 0.12
Lot Type 1: Commercial
Legal and Taxes
Legal: CDA & KINGS ADD, LT 12 EX RR RW BLK 15 1350N04W
AIN/Tax Bill: 175064
Parcel Number: C1800015012A
School District: CDA - 271
Zoning: Comm-Overlay
Directions: 2nd Street to Wallace. Corner of Wallace and 2nd in CdA.
Taxes: 4948
Tax Year: 2023
Taxes Reflect 1: No Exemptions
Subdivision: CdA & Kings
Remarks
Public Remarks: Offering renovated 8 plex in the heart of downtown CdA. Each unit is a modified studio with a bedroom area and one bath. The building and units have been completely renovated. Each unit was completely updated with new electrical, plumbing, lighting, flooring, and paint. These units were updated with designer furnishings in 2022/23 and show very well. Units have exterior balconies. New landscaping. Currently rented at $1300/unit but should be able to push rents to $1400/unit. One unit was used as an Airbnb and did very well. The laundry room is located on-site. There is a parking lot and ample street parking.
Address
Street Number: 503
Street Direction Pfx: N
Street Name: 2ND
Street Suffix: ST
State/Province: ID
Postal Code: 83814
County: Kootenai
Property Subject To
CC&Rs: No
Homeowners Assoc: No
LID: No
Non-Mtg Lien: No
Flood Zone: No
Aircraft Flight Zone: No
Fire Protection Dist: Yes
Fire Protection Name: CDA
Miscellaneous
Sec: 13
Twn: 04
Rng: 04
Rng Dir: WBM
Utilities Paid By
Cable: Tenant
Electric: Landlord
Garbage: Landlord
Gas: N/A
Sewer: Landlord
Water: Landlord
Property Features
Lot Features: Corner Lot
Exterior Features: Covered Deck; Curbs; Sidewalks
Fuel: Electric
Heating: Cadet
Bsmt: Part Size
Basement: None-Crawl Space
Foundation: Concrete
Construction: Frame
Exterior: Lap Siding
Roof: Comp Shingle
Road: Paved; Public Maintained Road
Sewer: City Sewer
Terms Considered: Cash
Showing Instructions: Call List Agent
Listing Office: CENTURY 21 Beutler & Associates
Last Updated: April - 26 - 2024
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Saturday 11th of May 2024 04:13 AM