Prime 4-unit mixed-use investment property on Spirit Lake's Historic Main Street featuring 1 ground-floor commercial space and 3 residential apartments. Strong cap rate with immediate value-add potential through below-market rents. Recent updates include newer roof and fresh paint. Separate utilities minimize owner expenses. All units currently occupied with proven low turnover in North Idaho's consistently strong rental market. Exceptional location just one block from the lake positions this as a gateway to North Idaho's recreational paradise. The commercial space offers high-visibility Maine Street presence.
This calculator provides an estimated mortgage payment for informational purposes only and is not a loan offer, lending commitment, or guarantee of financing. The estimate includes principal, interest, and estimated mortgage insurance when applicable. Property taxes, homeowners insurance, closing costs, lender fees, association dues, and other ownership expenses are not included. Actual loan terms, rates, costs, and payments will vary. Consult a qualified mortgage professional for an official loan estimate.
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