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$725,000
$725,000
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7,500 SqFt
SOLD DATE : 10/31/2022
Key Details
Sold Price $725,000
Property Type Single Family Home
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 7,500 sqft
Price per Sqft $96
Subdivision Wallace Townsite
MLS Listing ID 22-9874
Sold Date 10/31/22
Style Multi Level
Year Built 1895
Annual Tax Amount $5,254
Tax Year 2021
Lot Size 5,662 Sqft
Acres 0.13
Lot Dimensions 5619
Property Sub-Type Mixed Use
Source Coeur d'Alene Multiple Listing Service
Property Description
Come check out this amazing investment opportunity in beautiful Wallace, Idaho! The historic Herrington Building consists of 11 Total Units. This is a Mixed-Use property with two commercial spaces on the street level (one of which is residential at this time), four apartments on the 2nd floor, and four more apartments on the 3rd floor. Every unit except for one (a studio currently being remodeled) has tenants on a month-to-month basis. Current rents are below market rate, so there's plenty of room to add to its already impressive cash flow! Located smack in the middle of downtown Wallace, so only seconds away from the ''Center of the Universe'' and all of the amazing breweries, restaurants, shops, and museums this unique little mountain town in North Idaho has to offer!!!
Location
State ID
County Shoshone
Community Wallace Townsite
Area 12 - Silver Valley
Zoning WA-Wallace
Direction I-90 East to Wallace Exit 61, East (left) on Front St. and follow to Bank St. Building is on the Right.
Rooms
Basement None-Crawl Space
Interior
Interior Features Cable TV, High Speed Internet, Satellite, Hardwood Floors, Phone Prewired, Tile/Stone Flooring
Heating Cadet, Electric, Natural Gas, Baseboard
Equipment None
Exterior
Exterior Feature Curbs, Sidewalks
View Mountain(s), Territorial, City
Roof Type Rubber
Building
Lot Description Level
Foundation Brick/Mortar, Concrete Perimeter
Sewer Public Sewer
Water Public
Architectural Style Multi Level
New Construction No
Others
Tax ID RPB0050020010AA
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Bought with Keller Williams Realty Coeur d'Alene
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OWNER/AGENT/BROKER | License ID: IDAHO #SP56070 & WA #22020451