About This Home

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..

Getting Around

Somewhat Walkable

Very Limited Transit

Somewhat Bikeable

Schools

6/10

Spirit Lake Elementary SchoolGrades PK-50.3 mi

2/10

Timberlake Junior High SchoolGrades 6-80.7 mi

9/10

Timberlake Senior High SchoolGrades 9-120.9 mi

Construction

Condition

Year built: 1905

Materials

Foundation: Concrete Perimeter
Roof: Rubber
Construction materials: Cement Block,Block,Brick

Type & Style

Home type: MultiFamily
Property subType: Multi Family

Interior

Basement

Has basement: Yes
Basement: Cellar

Bedrooms & Bathrooms

Bedrooms: 6
Bathrooms: 4

Heating

Heating features: Electric,Baseboard

Interior Area

Total structure area: 4,325
Total interior livable area: 4,325 sqft

Property

Details

Parcel number: S45000170050
Zoning: COM

Features

Has view: Yes
View description: City,Territorial

Lot

Lot size: 3,484 sqft
Features: Open Lot,Level

6236 W Maine St, Spirit Lake, ID, 83869