552 N Corbin Rd Post Falls, ID 83854
Listing Courtesy of: Coeur D'Alene MLS / Nexthome 365 Realty

  552 N Corbin Rd Post Falls, ID 83854

Active (8 Days)
$1,300,000
11
BED
5
BATH
5,500
SQFT

Description

INVESTORS....$84,000 ANNUAL INCOME CURRENTLY... APPROX. $120,000 ANNUALLY PROJECTED!!! EXCELLENT CAP RATE TO BE HAD! UNIQUE 11 BEDROOM, 5 BATHROOM AND 5500 SQ FT RESIDENTIAL PROPERTY PRESENTLY HAS 9 BEDROOMS LEASED TO TENANTS, SOME ARE LONG TERM, 10-12 YEARS. OWNERS LIVE ON MAIN LEVEL AND MANAGE. NONOWNER OCCUPIED WOULD BE ABLE TO RENT THE BEAUTIFUL MAIN LEEVL 2 BD-2BA FOR APPROX $2,000 MONTHLY. TWO SHOPS...24 X 60 AND 24 X 48, BOTH HEATED AND HAVE EXCELLENT LEASING POTENTIAL. PROPERTY HAS POTENTIAL TO BE SUBDIVIDED. THIS HOME HAS THE POTENTIAL TO BRING A GREAT RETURN FOR A CREATIVE INVESTOR. GREENACRES IRRIGATION SUPPLIES INEXPENSIVE WATER FOR THE GROUNDS OF THE ALMOST ONE ACRE LOT! NEWER FURNACE AND RECENT CENTRAL AIR CONDITIONING ADDED! ABOVE GROUND POOL WITH DECK SURROUNDING! HOME PARTIALLY REMODELED IN 1999 WHILE KEEPING SOME OF THE EARLY 1900S CHARM! ALL TENANT BEDROOM FURNITURE INCLUDED! OPPORTUNITY AWAITS!

MLS #:
24-10316
Taxes
$2,279(2023)
Lot Size
0.79 acres
Type
Single-Family Home
Year Built
1926
Views
Neighborhood, Territorial, Mountain(s)
School District
Post Falls - 273
County
Kootenai County
Community
East Greenacres

Listed By

Aron Watts, Nexthome 365 Realty
Source
Coeur D'Alene MLS
Last checked Nov 7 2024 at 1:51 AM GMT-0700
Bathroom Details
Interior Features
  • Washer Hookup
  • High Speed Internet
  • Gas Fireplace
  • Dryer Hookup - Gas
  • Central Air
  • Cable Tv
Kitchen
  • Walk-In Pantry
  • Kitchen Island
Subdivision
  • East Greenacres
Lot Information
  • Level
Property Features
  • Fireplace: Gas Fireplace
  • Foundation: Concrete Perimeter
Heating and Cooling
  • Forced Air
  • Natural Gas
  • Electric
  • Central Air
Flooring
  • Carpet
  • Tile
  • Wood
Exterior Features
  • Lawn
  • Sprinkler System - Front
  • Sprinkler System - Back
  • Rv Parking - Open
  • Above Ground
  • Pool
  • Open Deck
  • Fencing - Partial
  • Covered Porch
  • Covered Deck
  • Roof: Metal
Utility Information
  • Sewer: Septic System
  • Fuel: Gas, Electric
Garage
  • Det Carport
Living Area
  • 5,500 sqft
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
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Interest rate
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Disclaimer: IDX information is provided by the Coeur d’Alene Multiple Listing Service exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Data last updated: 11/6/24 17:51