$1,500,000
Sandpoint, ID 83864
MLS# 24-8461
Status: Closed
6518 sqft

1 / 60
Property Description
Fantastic opportunity to own three duplexes (3 separate buildings); a total of six rental units on three separate lots in downtown Sandpoint. Building 1600 is 3 bedrooms, 2 bathrooms, 1071 sq ft per unit. Building 1602 is 2 bedrooms, 2 bathrooms, 946 sq ft per unit. Building 1604 is the original house of 3 bedrooms, 2 bathrooms, 1584 sq ft and apartment; 2 bedrooms, 2 bathrooms, 900 sq ft. Each unit has a private attached 1-car garage. There is also a private owner's (landlord) garage and utility/workshop area. For a total of 15 bedrooms, 12 bathrooms, 7 garage bays, 6518 sq ft, .85 acres. Prime location in downtown Sandpoint, right behind the library with a nicely paved driveway and extra parking spaces for guests and tenants. Excellent rental history, low maintenance units, apartment (1604B) has been recently remodeled. Close to the library, schools, shopping, parks, trails and downtown core.
Details
Maps
Documents
Contract Information
Status: Closed
Listing Type: Multi Family
Area: North (Bonner & Boundary)
Sold Date: 2025-02-28
Neighborhood Grid #: 440
Begin Date: 2024-08-27
List Price: $1,500,000
Under Contract Date: 2025-01-20
Short Sale: No
REO: No
Financing: Seller Financing
General Property Description
Realtor.COM Type: Multi-Family
Number of Units: 6
2 BR units: 3
3 BR units: 3
Building Style: Sgl Level
Basement: No
Garage Type: attach
Garage Stall: 4+ Car
Total SqFt.: 6518
ESTIMATED SqFt Source: Assessor
SqFt Per: Complex
Year Built: 1997
New Construction: No
Lot Acres: 0.85
Lot Type 1: Duplex/Multi
Legal and Taxes
Legal: 21-57N-2W SHUPPS ADDN LOT 1,2,3 DUPLEX
AIN/Tax Bill: RPS36870000010A,20A,
Parcel Number: RPS36870000010A,20A,30A
School District: Lk Pend Oreille - 84
Zoning: Multi Family
Directions: Division to Cedar St, follow to duplexes on the right. Do not drive into the development without an appointment.
Taxes: 11218
Tax Year: 2023
Taxes Reflect 1: No Exemptions
Subdivision: N/A
Remarks
Public Remarks: Fantastic opportunity to own three duplexes (3 separate buildings); a total of six rental units on three separate lots in downtown Sandpoint. Building 1600 is 3 bedrooms, 2 bathrooms, 1071 sq ft per unit. Building 1602 is 2 bedrooms, 2 bathrooms, 946 sq ft per unit. Building 1604 is the original house of 3 bedrooms, 2 bathrooms, 1584 sq ft and apartment; 2 bedrooms, 2 bathrooms, 900 sq ft. Each unit has a private attached 1-car garage. There is also a private owner's (landlord) garage and utility/workshop area. For a total of 15 bedrooms, 12 bathrooms, 7 garage bays, 6518 sq ft, .85 acres. Prime location in downtown Sandpoint, right behind the library with a nicely paved driveway and extra parking spaces for guests and tenants. Excellent rental history, low maintenance units, apartment (1604B) has been recently remodeled. Close to the library, schools, shopping, parks, trails and downtown core.
Address
Street Number: 1600-1604
Street Name: Cedar
Street Suffix: St
State/Province: ID
Postal Code: 83864
County: Bonner
Property Subject To
CC&Rs: No
Homeowners Assoc: No
LID: No
Non-Mtg Lien: No
Flood Zone: No
Aircraft Flight Zone: Unknown
Fire Protection Dist: Yes
Fire Protection Name: City of Sandpoint
Miscellaneous
Sec: 21
Twn: 57N
Rng: 2
Rng Dir: WBM
Property Features
Paid By Tenant: Cable TV; Electricity; Gas; Sewer; Trash Collection; Water
View: None
Lot Features: Level
Exterior Features: Open Porch
Fuel: Natural Gas
Heating: Forced Air; Furnace
Basement: Crawl Space
Foundation: Concrete
Construction: Frame
Exterior: T1-11
Roof: Metal
Road: Paved
Sewer: Public Sewer
Terms Considered: 1031 Exchange; Cash; Conventional
Showing Instructions: Call List Agent
Listing Office: CENTURY 21 RiverStone
Last Updated: February - 28 - 2025
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