301 W 2ND AVE # 6
KOOTENAI, ID 83840

$1,450,000

10 Beds

5 Baths

5,040 Sq Ft

Status Active

MLS# 20232925

Terrific opportunity & great location! This building offers six units with 2-bedroom and 1-bathroom. Each unit has a good size living room, dining area, kitchen & includes laundry room closets. In 2023 the building had the following major updates completed: new roof, completely resided, freshly painted, & new decks. Also in 2023, five of the six units have been renovated with new carpet/flooring, freshly painted, trim, heaters, & lighting. All units have new dishwashers. Three of the units have new doors. Additional past updates include vinyl double pane windows and some new kitchen cabinets. Lots of parking with room to add carports. Great location to the elementary school & close to Sandpoint. Stable tenancy & low utility cost means this property has great cash flow. The 6th unit income is $1,425 a month. Close to downtown Sandpoint. The Lake is just up the road for fishing & fun. Schweitzer Ski Resort & Forest Service land is an easy drive and offers year-round outdoor adventures. Owner financing is preferred.

Details for 301 W 2ND AVE # 6

Built in 1979

$288 / Sq Ft

12 parking spaces

Heat Separate by Unit, Electric

164 Days on website

0.33 acres lot

Interior

Appliances

Microwave, Unit 1 Refrigerator, Unit 2 Refrigerator, Unit 3 Refrigerator, Unit 4 Refrigerator, Unit 5 Refrigerator, Unit 1 Stove, Unit 2 Stove, Unit 3 Stove, Unit 4 Stove, Unit 5 Stove, Unit 1 Dishwasher, Unit 2 Dishwasher, Unit 3 Dishwasher, Unit 4 Dishwasher, Unit 5 Dishwasher

Bathrooms Total

Bedrooms Total

Flooring

Vinyl

Interior Features

Unit 2 Living Room, Unit 2 Dining Room, Unit 3 Living Room, Unit 3 Dining Room, Unit 1 Kitchen, Unit 2 Kitchen, Unit 3 Kitchen, Unit 4 Kitchen, Unit 5 Kitchen, Unit 1 Dining Room, Unit 4 Living Room, Unit 4 Dining Room, Unit 5 Living Room, Unit 5 Dining Room, High Speed Internet

Living Area

5,040 SqFt.

Hoa Features

Association Fee Includes

Building And Construction

Number Of Units Total

Property Sub Type

Multi Family

Property Type

Residential Income

Year Built

1979

Exterior And Lot

Exterior Features

Balcony

Lot Size Acres

0.33

Lot Size Square Feet

14374.8

Lot Size Units

Square Feet

Parking Features

Asphalt, No Garage

Parking Total

Utilities

Cooling

Heating

Heat Separate By Unit, Electric

Area And Schools

City

Kootenai

County Or Parish

Bonner

Elementary School

Kootenai

High School

Sandpoint

Middle Or Junior School

Sandpoint

School District

Lake Pend Oreille

Subdivision Name

Financial Info

Buyer Agency Compensation^*

2.5%

^*The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Tax Annual Amount

$3,731.00

Tax Year

2023