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Quality 6 unit multifamily project offered at a 9.5% Cap Rate in Spirit Lake, Idaho. Completely remodeled in 2004.  Units sizes are: (1) 3 bedroom, 1 ½ Bath,  (3) 2 Bedroom, 1 Bath,  (2) 1 Bedroom,1 Bath.  Great rental history with solid tenants. All units have newer appliances including a refrigerator and five of the six units have a washer and dryer.  All city services and off street parking.  Low maintenance exterior with vinyl siding and a metal roof.  Gross annual income of $37,200.

32318 N. 2nd Avenue, Spirit Lake
Total Available Sqft:
4,588

Lot Size:  
0.162 Acres

Zoning:    
Residential


Legal:
SPIRIT LAKE, LT 22 BLK 34

Offered At:
$254,000
Lot Dimensions:
145 x 50

Parcel:
S45000340220

AIN:
132683

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