BEDS0
BATHS0
SQUARE FEET4,325
MLS#26-86
STATUS
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONSpirit Lake
SCHOOLLakeland - 272
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..
Property Features
Property Type: Multi Unit - Multiple
Basement: Cellar
Heating: Electric, Baseboard
Lot Size: 0.08 Acres
Roof Type: Tar/Gravel, Rubber
Taxes: $2,380
Year Built: 1905
Feature Descriptions
Days on Site: 89
Exterior: Cement Block
Foundation: Concrete Perimeter
Foundation: Concrete Perimeter
Lot: Open Lot, Level
Road: Paved
Sewer: Public Sewer
Water: Public
Local Schools
School District: Lakeland - 272
Listed By / Shown By
Listed By
Agency Name: Keller Williams Realty Coeur d'Alene
Agency Phone: 208-667-2399
Shown By
Agency Title: Coldwell Banker Tomlinson
Agency Phone: (509) 467-7400
Estimate Your Payment
Estimated Payment
$ 1,809.36 per month $1,424.36 Principal & Interest $198.33 Property Tax $186.67 Homeowner's Insurance
6236 W Maine St | MLS# 26-86
This multi-family property located at 6236 W Maine St, Spirit Lake, ID 83869 is currently listed for sale with an asking price of $640,000. W Maine St is located within the Lakeland - 272 school district. Search Spirit Lake real estate on online.tomlinsoncb.com today.