6236 MAINE, Spirit Lake, ID 83869
Courtesy of Keller Williams Realty Coeur d'Alene
- $640,000
- 4,325
- SqFt
- List Price
- $640,000
- Status
- ACTIVE
- Days on Market
- 26
- MLS#
- 26-6786
- Subtype
- Residential Income
- Style
- Multi Level
- Year Built
- 1905
- Living Area
- 4,325
- Lot Size
- 3,484
- Acres
- 0.08
- Subdivision
- Spirit Lake
- Neighborhood
- Spirit Lake
- MLS Area Major
- 05 - NW Kootenai Co
Property Description
Prime 4-unit mixed-use investment property on Spirit Lake's Historic Main Street featuring 1 ground-floor commercial space and 3 residential apartments. Strong cap rate with immediate value-add potential through below-market rents. Recent updates include newer roof and fresh paint. Separate utilities minimize owner expenses. All units currently occupied with proven low turnover in North Idaho's consistently strong rental market. Exceptional location just one block from the lake positions this as a gateway to North Idaho's recreational paradise. The commercial space offers high-visibility Maine Street presence.
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Additional Information
- Taxes
- $2,380
- Property Description
- Multi Level
- Zoning
- COM
- Heating
- Baseboard, Electric
- Roof
- Tar/Gravel, Rubber
- Foundation
- Concrete Perimeter
- School District
- Lakeland - 272
- View
- Territorial, City