
Description
Investor opportunity in Sandpoint: four newly constructed, individually parceled fee-simple townhomes available as a full investment package. Listed at $1.8M, this rare offering delivers strong projected rents between $2,300 and $2,500 per unit, with a potential gross annual income of $112,800 and an estimated cap rate of approximately 5.8%. Each home features high-end finishes, energy-efficient mini-split ductless heating and cooling, modern kitchens with premium appliances, private fenced yards with patios, and attached one-car garages. Interiors are thoughtfully designed with functional layouts and include washer and dryer sets in every unit. Two of the homes are 3 bed, 2.5 bath units approximately 1,200 sq ft, one is a 3 bed, 2 bath 1,165 sq ft home with a main-floor primary suite and large laundry room, and one is a 2 bed, 2.5 bath, 1,034 sq ft home featuring dual master suites upstairs. These townhomes are located in a quiet cul-de-sac just minutes from downtown Sandpoint, local shops, restaurants, schools, and the scenic Sand Creek Bike Path. Schweitzer Mountain Resort is a short drive away, adding year-round recreational appeal for tenants. All four homes are fee-simple, allowing long-term flexibility with potential for individual resale, 1031 exchange, or traditional hold. Each unit is separately metered and move-in ready, offering a fully turn-key investment in one of North Idaho's fastest-growing and most desirable markets. Don't miss your chance to acquire four modern, low-maintenance, income-producing properties in a prime Sandpoint location with long-term upside!
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0BEDS
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0.23ACRES
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0BATHS
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01/2 BATHS
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4,599SQFT
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$391$/SQFT
Description
Investor opportunity in Sandpoint: four newly constructed, individually parceled fee-simple townhomes available as a full investment package. Listed at $1.8M, this rare offering delivers strong projected rents between $2,300 and $2,500 per unit, with a potential gross annual income of $112,800 and an estimated cap rate of approximately 5.8%. Each home features high-end finishes, energy-efficient mini-split ductless heating and cooling, modern kitchens with premium appliances, private fenced yards with patios, and attached one-car garages. Interiors are thoughtfully designed with functional layouts and include washer and dryer sets in every unit. Two of the homes are 3 bed, 2.5 bath units approximately 1,200 sq ft, one is a 3 bed, 2 bath 1,165 sq ft home with a main-floor primary suite and large laundry room, and one is a 2 bed, 2.5 bath, 1,034 sq ft home featuring dual master suites upstairs. These townhomes are located in a quiet cul-de-sac just minutes from downtown Sandpoint, local shops, restaurants, schools, and the scenic Sand Creek Bike Path. Schweitzer Mountain Resort is a short drive away, adding year-round recreational appeal for tenants. All four homes are fee-simple, allowing long-term flexibility with potential for individual resale, 1031 exchange, or traditional hold. Each unit is separately metered and move-in ready, offering a fully turn-key investment in one of North Idaho's fastest-growing and most desirable markets. Don't miss your chance to acquire four modern, low-maintenance, income-producing properties in a prime Sandpoint location with long-term upside!
© 2025 Coeur d'Alene MLS. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from 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 deemed reliable but is not guaranteed accurate by the MLS or Living in Coeur d'Alene Idaho Real Estate Team | Keller Williams Realty Coeur d'Alene & Sandpoint.Data last updated: 2025-06-25T00:02:40.61.