552 North Corbin Rd Post Falls, ID 83854

Single Family Detached MLS #: 24-10316 Courtesy Of NextHome, Inc

$1,300,000

11 beds | 5 baths | 5,500 sq ft
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Estimated monthly payments: $5,683/mo.* (recalculate)

Property InformationDescription

INVESTORS....$84,000 ANNUAL INCOME CURRENTLY... APPROX. $120,000 ANNUALLY PROJECTED!!! EXCELLENT CAP RATE TO BE HAD! UNIQUE 11 BEDROOM, 5 BATHROOM AND 5500 SQ FT RESIDENTIAL PROPERTY PRESENTLY HAS 9 BEDROOMS LEASED TO TENANTS, SOME ARE LONG TERM, 10-12 YEARS. OWNERS LIVE ON MAIN LEVEL AND MANAGE. NONOWNER OCCUPIED WOULD BE ABLE TO RENT THE BEAUTIFUL MAIN LEEVL 2 BD-2BA FOR APPROX $2,000 MONTHLY. TWO SHOPS...24 X 60 AND 24 X 48, BOTH HEATED AND HAVE EXCELLENT LEASING POTENTIAL. PROPERTY HAS POTENTIAL TO BE SUBDIVIDED. THIS HOME HAS THE POTENTIAL TO BRING A GREAT RETURN FOR A CREATIVE INVESTOR. GREENACRES IRRIGATION SUPPLIES INEXPENSIVE WATER FOR THE GROUNDS OF THE ALMOST ONE ACRE LOT! NEWER FURNACE AND RECENT CENTRAL AIR CONDITIONING ADDED! ABOVE GROUND POOL WITH DECK SURROUNDING! HOME PARTIALLY REMODELED IN 1999 WHILE KEEPING SOME OF THE EARLY 1900S CHARM! ALL TENANT BEDROOM FURNITURE INCLUDED! OPPORTUNITY AWAITS!
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Features

  • Age: Over 50 Years Old
  • Amenities: Dock
  • Architecture Style: Other
  • Lot Size: 0.79 Acres

MAP & DIRECTIONS

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552 North Corbin Rd, Post Falls, ID 83854
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School Information

552 North Corbin Rd, Post Falls, ID 83854

Elementary School
Grades KG-5 | Public School
WEST RIDGE ELEMENTARY SCHOOL
Post Falls, ID 83854
1758 N Clark Fork Pkwy
208.­773.7291
Distance: 1.3 mi
Student:Teacher Ratio
18:1
Total Students
380
Middle School
Grades 6-8 | Public School
RIVER CITY MIDDLE SCHOOL
Post Falls, ID 83854
1505 N Fir St
208.­457.0933
Distance: 1.9 mi
School Rating
C-
Student:Teacher Ratio
20:1
Total Students
643
High School
Grades 9-12 | Public School
NEW VISION HIGH SCHOOL
Post Falls, ID 83854
205 W Mullan Ave
208.­773.3541
Distance: 1.9 mi
Student:Teacher Ratio
24:1
Total Students
126
Other Nearby Schools Distance Type Grades School Rating
Pine Grove Academy 1.2 mi Private PK-8
Seltice Elementary School 1.6 mi Public KG-5 C+
Mullan Trail Elementary School 1.8 mi Public KG-5 B-
Frederick Post Kinder Center 1.9 mi Public PK
Post Falls Middle School 2.3 mi Public 6-8 B
East Farms Steam Magnet School 3.0 mi Public KG-6 C+
Prairie View Elementary School 3.7 mi Public KG-5 B-
Greensferry Elementary School 3.8 mi Public KG-5 A
Post Falls High School 3.9 mi Public 9-12 B
Genesis Preparatory Academy 4.2 mi Private PK-12
Ponderosa Elementary School 4.2 mi Public KG-5 B
Genesis Preparatory Academy 4.2 mi Private PK-12
Liberty Launch Academy 5.2 mi Private PK-8
Liberty Creek Elementary School 5.4 mi Public KG-2
Stepping Stone Christian School 5.5 mi Private KG
Liberty Lake Elementary School 5.5 mi Public 3-5 B-
Liberty Lake Montessori 6.0 mi Private PK-KG
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Post Falls, ID 83854

Median Age: 37
Married: 58%
Number of Households: 21,225
Households with Children: 37%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
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