3 Padre Drive Properties - 1 House + 2 Duplexes

25 Padre Dr, Sandpoint, ID 83864, USA

For Sale

$1,400,000

Property Type

Multi-family Home

Bedrooms

11

Bathrooms

6

Total Sq Ft

5416

Acres

1.32

Property Description

25, 31 and 71 Padre Drive, Sandpoint Idaho

This property offering is one of a kind. 3 parcels with 5 cash flow rental units-1 single family home and 2 duplexes. Very strong rental history, currently fully rented meeting monthly cash flow metrics. One owner owns all 3 properties and is selling them as one marketable unit. Private utilities including a strong well which services all 3 properties with an extra well as back up if/as needed. Septic, Wood Stoves in each unit round out the private utility services. Electricity is paid by tenants (individually metered). Tenants are friendly and work together as a cohesive micro-community. Gravel driveway with lots of parking areas. Buildings have had a strong maintenance schedule that has been consistent throughout the years. The owner is also the original builder of each unit.


House - 3 beds / 2 baths

Each Duplex - 2 beds / 1 bath

 
Property disclosure
.pdf
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Plat drawing
.pdf
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Parcel Drawing
.pdf
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Road maintenance agreement
.pdf
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Septic service - 08.04.21
.pdf
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Well report
.pdf
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Property Location

25 Padre Dr, Sandpoint, ID 83864, USA