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Coeur d'Alene,ID 83814
Key Details
Property Type Single Family Home
Sub Type Site Built < 2 Acre
Listing Status Active
Purchase Type For Sale
Square Footage 2,162 sqft
Price per Sqft $497
MLS Listing ID 25-6221
Style Multi-Level
Bedrooms 3
HOA Y/N No
Year Built 1916
Annual Tax Amount $3,205
Tax Year 2024
Lot Size 8,712 Sqft
Acres 0.2
Property Sub-Type Site Built < 2 Acre
Source Coeur d'Alene Multiple Listing Service
Property Description
INVESTOR AND DEVELOPER ALERT! This corner property is in the historic downtown sector of Coeur d'Alene within the renowned Garden District. TWO LOTS ZONED R-17 / INFILL DISTRICT which feature .20 total acres. Build brand new multifamily condo units or apartments. City Planning Department would allow for a three (3) floor multifamily dwelling w/ 45' maximum roof height. Unit count is determined by Floor-Area-Ratio (FAR). Calculus: 8,712 sq ft lot area x 2 = 17,424 sq ft. Imagine doing four (4) units per floor @ 1,400 sq ft per unit... that's 12 total units! No CC&R's or HOA's. Bring your vision and skillset to create new stylized development mere blocks away from the pulse of Sherman Ave, CdA Resort & Marina, Tubbs Hill, City Park, Independance Point, shopping, cafes, restaurants... all within short walking distance down streets lined with old growth trees. Existing 3 BR / 1.5 BA / 2,834 Sq Ft home cash flows excellent rent roll. Don't hesitate to capitalize on this opportunity!
Location
State ID
County Kootenai
Area 01 - Cd'A Urban/Dalton
Zoning CDA R-17
Direction Downtown CdA Garden District. Take N Government Way, go South of Foster and then North of E Garden Ave.
Rooms
Basement Unfinished,Cellar
Main Level Bedrooms 2
Interior
Interior Features Cable Internet Available,Central Air,Fireplace
Heating Cadet,Natural Gas,Wood,Forced Air,Fireplace(s)
Exterior
Exterior Feature Covered Patio,Covered Porch,Curbs,Landscaping,Paved Parking,Sidewalks,Sprinkler System - Front,Lawn
Parking Features Det Garage
Garage Description 1 Car
View City,Neighborhood
Roof Type Shake,Wood
Attached Garage No
Building
Lot Description Corner Lot,Level,Open Lot
Foundation Brick/Mortar,Concrete Perimeter,Pillar/Post/Pier
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Cda - 271
Others
Tax ID C0765002005A