$1,800,000
Coeur d'Alene, ID 83814
MLS# 22-1536
Status: Closed
3990 sqft
1 / 58
Property Description
Incredible income producing property in the heart of CDA! Charming 5 unit complex that has been recently renovated with great cash flow. Each unit is fully furnished and separately metered. The units were designed to reduce maintenance and maximize profits. Detached garage with 4 individual bays that adds additional income. Plus opportunity for coin operated laundry onsite. Walking distance to Sherman Ave, McEuen Park, Tubbs Hill and City Beach! This location is an incredible opportunity for long term tenants or capitalize on the seasonal renters!
Details
Contract Information
Status: Closed
Listing Type: Multi Family
Area: 01 - Cd'A Urban/Dalton
Sold Date: 2022-04-12
Neighborhood Grid #: 104
Begin Date: 2022-03-09
List Price: $1,800,000
Non-Agent Compensation Type: %
Buyer Agency Compensation: 3
Buyer Agency Compensation Type: %
Under Contract Date: 2022-03-11
Short Sale: No
REO: No
Financing: Cash
General Property Description
Realtor.COM Type: Multi-Family
Number of Units: 5
1 BR units: 5
Building Style: Multi Level
Basement: Yes
Garage Type: Detach
Garage Stall: 4+ Car
Total SqFt.: 3990
SqFt. B: 427
SqFt. 1: 1423
SqFt. 2: 1423
SqFt. 3: 713
ESTIMATED SqFt Source: Estimated
SqFt Per: Bldg
Year Built: 1900
Remodeled: Yes
Year of Remodel: 2021
New Construction: No
Lot Acres: 0.13
Lot Type 1: Duplex/Multi
Legal and Taxes
Legal: CDA & KINGS ADD, LT 4 BLK E Section 13 Township 50N Range 04W
AIN/Tax Bill: 130927
Parcel Number: C180000E0040
School District: CDA - 271
Zoning: R-17
Directions: From Sherman Ave: Head North on 5th St, take a Right on Indiana
Taxes: 5083
Tax Year: 2021
Taxes Reflect 1: No Exemptions
Subdivision: CdA & Kings
Remarks
Public Remarks: Incredible income producing property in the heart of CDA! Charming 5 unit complex that has been recently renovated with great cash flow. Each unit is fully furnished and separately metered. The units were designed to reduce maintenance and maximize profits. Detached garage with 4 individual bays that adds additional income. Plus opportunity for coin operated laundry onsite. Walking distance to Sherman Ave, McEuen Park, Tubbs Hill and City Beach! This location is an incredible opportunity for long term tenants or capitalize on the seasonal renters!
Address
Street Number: 516
Street Direction Pfx: E
Street Name: Indiana
Street Suffix: Ave
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
Miscellaneous
Sec: 13
Twn: 50
Rng: 4
Rng Dir: WBM
Utilities Paid By
Cable: Tenant
Electric: Landlord
Garbage: Landlord
Gas: Landlord
Sewer: Landlord
Water: Landlord
Personal Property Included
Inclusions: All furnishings
Property Features
View: Territorial
Lot Features: Alley Access; Level
Interior Features: Cable Internet Available; Cable TV; High Speed Internet; Mini-Split A/C; Wall Unit(s)
Exterior Features: Covered Porch; Curbs; Fencing - Partial; Garden; Landscaping; Open Deck; Sidewalks
Fuel: Gas
Heating: Ductless
Basement: Cellar; Part Finished
Foundation: Concrete; Rock
Construction: Frame
Exterior: Wood
Roof: Metal
Road: Paved; Public Maintained Road
Sewer: City Sewer
Terms Considered: Cash; Conventional
Listing Office: Windermere Real Estate/City Group, LLC
Last Updated: June - 21 - 2023
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Sunday 12th of May 2024 03:46 PM