101 W 17th Ave Active Save Request In-Person Tour Request Virtual Tour
Post Falls,ID 83854
Key Details
Property Type Multi-Family
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 4,992 sqft
Price per Sqft $279
Subdivision Robert'S
MLS Listing ID 25-7566
Style Multi Level
Year Built 2006
Annual Tax Amount $7,526
Tax Year 2024
Lot Size 10,454 Sqft
Property Sub-Type Apartment
Property Description
Well maintained 4-plex in the heart of Post Falls. The unit mix consists of four identical 3 bedroom, 2.5 bathroom townhomes in two separate buildings. This ideal arrangement makes every one of the four townhomes an ''end unit'' with just one shared wall and no one above or below. Features of each unit include a private fenced yard, central HVAC, dual pane windows, a laundry room, and a one car garage plus additional off-street parking. Each unit also has LVP flooring. This complex is LOW maintenance. Located a few blocks from schools, parks and shopping. The property features the modern amenities that high quality tenants expect and is being sold fully occupied with professional management in place. Current gross rents are $7,535/month and the actual expense ratio (management, property tax, insurance, water/sewer/garbage, yard maintenance) is just 27%, yielding an impressive NOI of $5489/month. Perfect for professional or novice investors and owner occupant investors as well!
Location
State ID
County Kootenai
Community Robert'S
Area 02 - Post Falls
Zoning R-2
Interior
Heating Electric,Natural Gas,Forced Air
Exterior
Exterior Feature Open Patio,Rain Gutters
Parking Features Att Ga
Garage Description 4+ Car
View None
Roof Type Composition
Building
Lot Description Corner Lot,Level,Open Lot
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Post Falls - 273
Others
Virtual Tour https://www.tourfactory.com/idxr3216748