Coeur d'Alene, ID 83814,1611 E MONTANA AVE
Coeur d'Alene, ID 83814,1611 E MONTANA AVE
Coeur d'Alene, ID 83814,1611 E MONTANA AVE
Coeur d'Alene, ID 83814,1611 E MONTANA AVE
Coeur d'Alene, ID 83814,1611 E MONTANA AVE
Coeur d'Alene, ID 83814,1611 E MONTANA AVE
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$1,350,000

$1,350,000

Est.Price: ?

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Est. payment /mo

5,220 SqFt


SOLD DATE : 05/31/2024

Key Details

Sold Price $1,350,000

Property Type Multi-Family

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

Square Footage 5,220 sqft

Price per Sqft $258

MLS Listing ID 24-1651

Sold Date 05/31/24

Style Multi Level

HOA Y/N No

Originating Board Coeur d'Alene Multiple Listing Service

Year Built 1981

Annual Tax Amount $3,331

Tax Year 2023

Lot Size 0.430 Acres

Acres 0.43

Property Description

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.

Location

State ID

County Kootenai

Area 01 - Cd'A Urban/Dalton

Zoning CDA-R-12 - Res

Direction From Harrison Ave, turn south on 15th St., turn east on Montana Ave

Rooms

Basement None-Crawl Space

Interior

Interior Features Cable Internet Available, Main Floor Utilities

Heating Electric, Baseboard

Exterior

Exterior Feature Curbs, Landscaping, Open Patio, Rain Gutters, RV Parking - Open, Sprinkler System - Back, Sprinkler System - Front, See Remarks, Fencing - Full

Garage Description None

View Territorial

Roof Type Composition

Building

Lot Description Level, Open Lot, Southern Exposure

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Architectural Style Multi Level

New Construction No

Schools

School District Cda - 271

Others

Tax ID C75350010020

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Listed by Windermere/Coeur d'Alene Realty Inc
Bought with Windermere/Coeur d'Alene Realty Inc
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