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602&606 N Government Way, Coeur D'alene, ID 83814
$1,890,000 Asking Price
$---/mo Est. Payment Get Prequalified »
6
beds
3
baths
4,106
sqft
Built in
1916
Attention Investors and Developers: Here is an excellent opportunity to acquire both 606 & 606 N Government Way properties in CDA. These contiguous properties make up 0.31 acres within the DO-N (Downtown - North) Overlay District. Utilizing Infill Design Standards found on the City of CDA's website under ''Planning Dept'', this property is potentially open to development (with bonuses) up to an allowable 2.0 multiplier (FAR) floor area ratio. On 0.31 acres, this can amount up to 27,000 SF of livable area that can be developed, minus floor area dedicated to parking, elevators, and other variables. This DO-N Overlay district FAR calculation places no restriction on the number of units that can be built, as long as acceptable SF is not exceeded & the maximum building height of 45 ft is not exceeded. With this in mind, you are encouraged to bring your vision and plans to bear on this excellent opportunity. Both homes have a history of rental income that garner +$4,000 / mo.
Features & Amenities
Interior
- General:
- Cable TV, Fireplace, Smart Thermostat
- Appliances:
- Gas Water Heater, Refrigerator, Range/Oven - Gas, Disposal, Dishwasher
- Basement:
- Cellar
- Flooring:
- Vinyl, Carpet
- Heating:
- true, Cadet, Natural Gas, Wood, Fireplace(s), Ductless
Exterior
- General:
- Covered Porch, Fencing - Partial, Garden, Landscaping, Open Patio, Sidewalks, Sprinkler System - Front, Lawn
Construction
- Roofing:
- Shake
- General:
- Lap Siding, Frame, Brick/Mortar, Concrete Perimeter
Location
- Road/Access:
- Paved
- Originating MLS:
- Coeur d'Alene Multiple Listing Service
- School District:
- CDA - 271
- County:
- Kootenai
Lot
- Zoning:
- CDA - R17, BLACKWELL PARK ADD, LT, 5&6 BLK 2 1350N04W and BLACK PARK ADD, LT 4 BLK 2 1350N04W, C9765002005A
- View:
- Lake, Neighborhood
Utilities
- Water:
- Public
- Sewer:
- Public Sewer
Financial
- Source:
- Coeur d'Alene Multiple Listing Service
This listing courtesy of:
Keller Williams Realty Coeur d'Alene
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Coeur D Alene, ID
Housing
- Number of Units
- 31,047
- Median Home Value
- $325,711
- Median Rent
- $917
41.18% of housing units are renter occupied.
7.26% are vacant.
Commute
- Car
-
71.81%
- Public Transportation
-
0.45%
- Walk to Work
-
1.72%
- Work from Home
-
24.75%
- Other
-
0.55%
The median travel time to work is 15 minutes.
People
- Population
- 67,317
- Median Age
- 40.70
- Median Household Size
- 2.54
Education
- High School
-
25.40%
- Associate’s Degree
-
11.50%
- Bachelor’s Degree
-
18.50%
- Graduate Degree
-
11.59%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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