101 W 17th Ave Immeuble residentiel 4 lots 1 293 623 € (323 406 €/Lot) Taux de capitalisation 4,89 % Post Falls, ID 83854

Located in a peaceful setting surrounded by large evergreen trees in a residential neighborhood within walking distance of local schools, this fourplex was constructed in 2006 and features the modern amenities that high quality tenants expect. The property is being sold fully occupied with professional management in place. Strict credit score requirements for all applicants ensure quality tenants and the coveted “zero headache” ownership experience that is perfect for novice investors and professionals alike. This property may also appeal to owner-occupants who wish to leverage the residential rate/term borrowing options available for four-unit properties by living in one unit and renting out the other three units. Current gross rents are $7535/month and the actual expense ratio (professional management, property tax, insurance, water/sewer/garbage, yard maintenance) is just 27%, yielding an impressive NOI of $5489/month. The lake and golf resort area of Coeur d'Alene is just 10 minutes away and the greater Spokane metro area is less than 30 minutes away, ensuring numerous employment opportunities for tenants.
The unit mix consists of four identical 3 bedroom, 2.5 bathroom townhomes in two separate buildings. This ideal arrangement makes every one of the four townhomes an “end unit” with just one shared wall and no one above or below. Features of each unit include a private fenced yard, central HVAC, dual pane windows, a laundry room, and a one car garage plus additional off-street parking. This location is ideal for active people who love to enjoy local community amenities: Sportsmans Park is just a short walk up the street, there are miles of forested hiking trails and a river beach less than 2 miles down the street, and the surrounding area is home to many excellent bars and restaurants. Drive-by only. Do not disturb occupants. Viewing only with accepted offer.