This 15,000+SF repurposed and updated building with a new roof, super solid foundation and bones with three ready to-to-go rental or living units has a TON of upside potential. Right out of the gate, you would see $4,250/mo in cashflow (estimated) from the rental units which are turn-key. There's a 3/2, 3/1, and 1/1 bed/bath unit all on the main floor, all of which are attractively spacious. All have updated interiors including new HVAC, flooring/counters/paint and more. That doesn't occupy all of the main floor space either, there's still a kitchen and cafeteria that are untouched. The basement is built like a bomb shelter (perhaps literally) starting with a gym. Yes a 56' X 39' gym which you could keep or convert to a shop with 20' + ceilings would make an amazing work, play, or storage space. The daylight basement has several other spaces which lend themselves to climate controlled storage, offices, or many other uses. Take a look at the floorplans in pictures and let your imagination run wild!
MLS # | 98941039 |
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Listing Type | For Sale |
Style | Town House |
Sub-Type | Resale |
Status | Active |
Year | 1960 |
Days On Site | 102 |
Listing Provided By | Latah Realty, LLC | Ellie Helbling |
Bed(s) | 7 |
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Bath(s) | 4 |
SQ Feet | 15,726 |
Basement | Y |
Units | 3 |
Acreage | 0.65 |
State | ID |
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County | Latah |
City | Genesee |
Zip Code | 83832 |
Area | Latah County |
School District | Genesee School District #282 |
Elementary School | Genesee School District #282 |
Middle School | Genesee School District #282 |
High School | Genesee School District #282 |
Listing VS Median (in 83832) | |
Price: $862,000 low | high Med: $415,000 SqFt: 15,726 low | high Med: 1,932 $ / SqFt: $55 low | high Med: $215 On site: 102 low | high Med: 81.000000 |