5419 Parkwood CtCoeur d'Alene, ID 83815

Property Details for 5419 Parkwood Ct

Year built

1979

Property size (Sq ft)

3,056 SF

Property type

Investment properties

Property subtype

Multifamily properties

Description

This exceptional investment opportunity presents a charming two-unit duplex nestled in Coeur d'Alene, Idaho, at 5419 N Parkwood Ct, 83815. Boasting a total of 3,056 square feet, this property offers a compelling blend of live-in potential and rental income. Built in 1979, the duplex features two units, each recently remodeled and ready for immediate occupancy. Each unit includes four bedrooms and two bathrooms, providing ample living space. Additional amenities include an attached garage, a fenced backyard, an electric fireplace, washer/dryer hookups, and a full kitchen. A large deck overlooks a tree-lined yard, enhancing the property's curb appeal. The property's convenient cul-de-sac location adds to its desirability. Recently connected to the sewer system, this duplex presents a turnkey investment opportunity with a current 50% occupancy rate, generating a net operating income (NOI) of $57,480 and an 8.21% cap rate. The asking price is $699,900, translating to $229.02 per square foot and $349,950 per unit. This property is classified as a Class C multifamily investment in Kootenai County. Don't miss this chance to acquire a well-maintained, high-yield investment property in a desirable location.

Location Insight

City

Coeur d'Alene

County

Kootenai

State

Idaho

Latitude

47.728

Longitude

-116.798

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