DISCOVER A MULTI-FAMILY GEM IN PRIME LOCATION OF COEUR D'ALENE WITH THIS CHARMING 5-PLEX PROPERTY. This investment opportunity boasts stable and consistent rental income, making it an attractive option for savvy investors. Nestled in a delightful neighborhood, the property offers proximity to breathtaking Lake Coeur d'Alene, downtown attractions, and various recreational opportunities, providing tenants with a lifestyle that seamlessly blends nature and convenience. All five units feature an identical layout for ease of management. Downstairs, each unit includes a well-appointed kitchen, dining area, convenient half-bath, in-unit laundry hook-ups, and a comfortable living room with a slider that opens to a private backyard patio. Upstairs, tenants enjoy two spacious bedrooms, a full bathroom, and ample storage in the hallway linen closet. Each tenant benefits from two designated parking spaces—one carport spot with an attached storage closet and one open spot in the parking lot. The property also presents additional income potential with a side portion of the lot on 16th street, suitable for RV parking or other income-generating uses. The well-maintained grounds feature a spacious open common area in the front yard, mature trees, sprinklers in both front and back yards, and a large storage closet for the owners. Coeur d'Alene's real estate market has demonstrated resilience and growth, positioning this property as a smart investment with the potential for appreciation over time. Seize the opportunity to meet the strong demand for quality rental properties in the area. AGENTS: refer to private notes and Documents tab for additional property details. Don't miss out on this chance to invest in a property that combines location, stability, and growth potential.
Closed
Price Unknown
1611 E Montana Ave, Coeur D Alene, ID 83814
10beds
5baths
5,220sqft
Multi Family
Built in 1981
-- sqft lot
$-- Zestimate®
$--/sqft
$1,451 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: September 21, 2024 at 07:29pm
Listed by:
Michelle Rene 208-699-5350,
Windermere/Coeur d'Alene Realty Inc
Bought with:
Michelle Rene, AB45651
Windermere/Coeur d'Alene Realty Inc
Source: Coeur d'Alene MLS,MLS#: 24-1651
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 5
Heating
- Electric, Baseboard
Features
- Main Floor Utilities
- Basement: Crawl Space
- Has fireplace: No
Interior area
- Total structure area: 5,220
- Total interior livable area: 5,220 sqft
Property
Parking
- Parking features: RV Parking - Open
Features
- Levels: Multi Level
- Patio & porch: Patio
- Exterior features: Rain Gutters, See Remarks
- Fencing: Full
- Has view: Yes
- View description: Territorial
Lot
- Size: 0.43 Acres
- Features: Level, Open Lot, Southern Exposure, Landscaped, Sprinklers In Rear, Sprinklers In Front
Details
- Additional structures: Storage, Shed(s)
- Additional parcels included: 179944
- Parcel number: C75350010020
- Zoning: CDA-R-12 - Res
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- T1-11, Lap Siding, Frame
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Year built: 1981
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available
Community & neighborhood
Community
- Community features: Curbs
Location
- Region: Coeur D Alene
- Subdivision: N/A