1116 Lakeside AveCoeur d'Alene, ID 83814

Property Details for 1116 Lakeside Ave

Year built

1940

Property size (Sq ft)

2,262 SF

Property type

Residential income homes

Description

This exceptional investment opportunity presents a meticulously renovated, single-story duplex located at 1116 E Lakeside Ave in Coeur d'Alene, Idaho, 83814. Built in 1940 and extensively updated in 2022, this property boasts a total of 2,262 square feet situated on a generous 5,489 square foot lot. The property consists of two individual rental units, each offering significant rental income potential at a price of $312,500 per unit. The asking price for the entire property is $625,000, translating to a price per square foot of $276.30. This represents a strong value proposition in the desirable Coeur d'Alene market. The property's location near downtown Coeur d'Alene provides convenient access to local amenities, attractions, and a thriving rental market. The 2022 renovations ensure modern comforts and appeal to tenants, minimizing maintenance needs and maximizing rental income. This turnkey investment is ideal for both seasoned and aspiring real estate investors seeking a profitable and well-maintained property in a prime location. The property's single-story design and manageable size offer ease of maintenance and oversight. This is a rare opportunity to acquire a high-performing rental property in a sought-after Idaho location.

Location Insight

City

Coeur d'Alene

County

Kootenai

State

Idaho

Latitude

47.6739

Longitude

-116.77

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