6236 MAINE, Spirit Lake, ID 83869

$640,000
4,325
SqFt

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Listing courtesy of Keller Williams Realty Coeur d'Alene.

List Price
$640,000
Status
ACTIVE
MLS#
26-6786
Days on Market
27
Finished SqFt
4,325
Lot Size (sq ft)
3,484

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

Community
Spirit Lake
Style
Multi Level
Basement
Cellar
Year Built
1905
View
Territorial, City
Roof
Tar/Gravel, Rubber
School District
Lakeland - 272

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Calculator source: Real Geeks