6276 MAINE, Spirit Lake, ID 83869

$634,500
3,596
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$634,500
Status
ACTIVE
MLS#
26-6783
Style
Multi Level
Year Built
1910
Acres
0.08
Living Area
3,596
Region
05 - NW Kootenai Co
Subdivision
Spirit Lake
Type
Single Family Residential

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.

Additional Information

Taxes
$1,805
Lot Features
Level, Open Lot
Interior Features
Cable Internet Available, High Speed Internet
Basement
None
Heating
Baseboard, Electric
Water
Public
Sewer
Public Sewer
School District
Lakeland - 272

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Keller Williams Realty Coeur d'Alene.