501 E Mullan Avenue, Post Falls, ID 83854 (MLS# 23-6472)

501 E Mullan Avenue, Post Falls, ID 83854

$1,150,000
Property Type: MultiFamily Square Footage: 5,040 Lot Size (sq. ft.): 12,632 Status: Closed
Current Price: $1,150,000 List Date: 7/13/2023 Last Modified: 9/22/2024

Overview

Description

Pride of ownership building is well managed and maintained. Stacked units (3 up & 3 down) have full sized Washers and Dryers. The separate irrigation meter helps keep utility expenses low. Units 1 - 4 are month to month. The most recent turnover was leased at $1,300/month. NOTE: Existing loan of approximately 440K @ 5 ¾ % interest, payable $2,547/month P& I or more is fully assumable, all due and payable in 2030.

Listing Details MLS# 23-6472

Contract Information

Listing Type
Multi Family
Area
02 - Post Falls
Sold Date
2023-08-25
Neighborhood Grid #
158
Begin Date
2023-07-13
Under Contract Date
2023-07-20
Short Sale
No
REO
No
Financing
Cash

General Property Description

Realtor.COM Type
Multi-Family
Number of Units
6
2 BR units
6
Building Style
Multi Level
Basement
No
Garage Stall
None
Total SqFt.
5040
SqFt. 1
2520
SqFt. 2
2520
ESTIMATED SqFt Source
Assessor
SqFt Per
Bldg
Year Built
2002
Remodeled
No
New Construction
No
Lot Acres
0.29
Lot Type 1
Duplex/Multi

Legal and Taxes

Legal
CENTRAL ADD TO PF, LTS 7 & 8 BLK 10 PTN VAC RW PF DOWNTOWN URD 2022
AIN/Tax Bill
145527
Parcel Number
P0450010007A
School District
Post Falls - 273
Zoning
R-3
Directions
NE CORNER OF MULLAN & POST.
Taxes
6583
Tax Year
2022
Taxes Reflect 1
No Exemptions
Subdivision
N/A

Remarks

Public Remarks
Pride of ownership building is well managed and maintained. Stacked units (3 up & 3 down) have full sized Washers and Dryers. The separate irrigation meter helps keep utility expenses low. Units 1 - 4 are month to month. The most recent turnover was leased at $1,300/month. NOTE: Existing loan of approximately 440K @ 5 ¾ % interest, payable $2,547/month P& I or more is fully assumable, all due and payable in 2030.

Address

Street Number
501
Street Direction Pfx
E
Street Name
Mullan Avenue
State/Province
ID
Postal Code
83854
County
Kootenai

Property Subject To

CC&Rs
No
Homeowners Assoc
No
LID
No
Non-Mtg Lien
No
Flood Zone
Unknown
Aircraft Flight Zone
Unknown
Fire Protection Dist
Yes
Fire Protection Name
KCFR

More Information

Personal Property Included

Inclusions
WASHER/DRYER

Paid By Owner

Sewer
Yes
Trash Collection
Yes
Water
Yes

View

Territorial
Yes

Paid By Tenant

Cable TV
Yes
Electricity
Yes

Lot Features

Corner Lot
Yes
Level
Yes
Sprinklers In Front
Yes
Sprinklers In Rear
Yes

Fencing

Partial
Yes

Terms Considered

Cash
Yes
Seller Financing
Yes

Road

Paved
Yes
Public Maintained Road
Yes

Showing Instructions

Call List Agent
Yes

Water

City
Yes

Sewer

Public Sewer
Yes

Fuel

Electric
Yes

Heating

Cadet
Yes

Basement

None-Slab on Grade
Yes

Foundation

Concrete
Yes

Construction

Frame
Yes

Exterior

Lap Siding
Yes
Vinyl Siding
Yes

Roof

Comp Shingle
Yes

Property Features

Paid By Owner: Sewer; Trash Collection; Water Paid By Tenant: Cable TV; Electricity View: Territorial Lot Features: Corner Lot; Level; Sprinklers In Front; Sprinklers In Rear Fencing: Partial Fuel: Electric Heating: Cadet Basement: None-Slab on Grade Foundation: Concrete Construction: Frame Exterior: Lap Siding; Vinyl Siding Roof: Comp Shingle Road: Paved; Public Maintained Road Sewer: Public Sewer Terms Considered: Cash; Seller Financing Showing Instructions: Call List Agent
Listing Office: Coldwell Banker Schneidmiller Realty
Last Updated: September - 22 - 2024
Information displayed on this website on listings other than those of the website owner is displayed with permission of the Coeur d'Alene MLS and Broker/Participants of the Coeur d'Alene MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is from sources deemed reliable but is not guaranteed. Prospective buyers should verify information independently. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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