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..
Active
$685,000
6236 W Maine St, Spirit Lake, ID 83869
6beds
4baths
4,325sqft
Est.:
Multi Family
Built in 1905
-- sqft lot
$-- Zestimate®
$158/sqft
$-- HOA
What's special
Residential apartmentsFresh paintNewer roofGround-floor commercial space
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