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Coeur d'Alene,ID 83814
Key Details
Property Type Single Family Home
Sub Type Site Built < 2 Acre
Listing Status Active
Purchase Type For Sale
Square Footage 2,162 sqft
Price per Sqft $474
MLS Listing ID 25-6221
Style Multi-Level
Bedrooms 3
Year Built 1916
Annual Tax Amount $3,205
Tax Year 2024
Lot Size 8,712 Sqft
Property Sub-Type Site Built < 2 Acre
Property Description
INVESTOR AND DEVELOPER ALERT! This corner property is in the historic downtown sector of Coeur d'Alene within the renowned Garden District. TWO LOTS ZONED R-17 / INFILL DISTRICT which feature .20 total acres. Build brand new multifamily condo units or apartments. City Planning Department would allow for a three (3) floor multifamily dwelling w/ 45' maximum roof height. Unit count is determined by Floor-Area-Ratio (FAR). Calculus: 8,712 sq ft lot area x 2 = 17,424 sq ft. Imagine doing four (4) units per floor @ 1,400 sq ft per unit... that's 12 total units! No CC&R's or HOA's. Bring your vision and skillset to create new stylized development mere blocks away from the pulse of Sherman Ave, CdA Resort & Marina, Tubbs Hill, City Park, Independance Point, shopping, cafes, restaurants... all within short walking distance down streets lined with old growth trees. Existing 3 BR / 1.5 BA / 2,834 Sq Ft home cash flows excellent rent roll. Don't hesitate to capitalize on this opportunity!
Location
State ID
County Kootenai
Area 01 - Cd'A Urban/Dalton
Zoning CDA R-17
Interior
Heating Natural Gas,Fireplace(s),Cadet,Wood,Forced Air
Cooling Central Air
Exterior
Exterior Feature Lawn
Parking Features Det Garage
Garage Description 1 Car
View City,Neighborhood
Roof Type Shake,Wood
Building
Lot Description Sprinklers In Front,Open Lot,Landscaped,Corner Lot,Level
Foundation Brick/Mortar,Concrete Perimeter,Pillar/Post/Pier
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Cda - 271