Income-Producing Opportunity in the Heart of Elk River! Rare chance to own a versatile property featuring three separate living spaces with excellent short-term rental potential. Live in one unit while generating income from the others, or maximize returns by utilizing all three as vacation rentals. Located in a well-known mountain community that attracts visitors year-round for hunting, fishing, ATV riding, snowmobiling, and outdoor adventure, this property is ideally positioned to capitalize on tourism-driven demand. Additional features include a spacious 30x48 shop with living quarters, loft storage, private fenced yard, deck, and RV parking with power for added income potential. Full of character and flexibility, this unique property offers multiple revenue streams and the opportunity to live where others vacation while letting the property help pay for itself.
Elk River is located in Idaho. Elk River, Idaho has a population of 121. Elk River is less family-centric than the surrounding county with 5.88% of the households containing married families with children. The county average for households married with children is 20.8%.
The median household income in Elk River, Idaho is $41,250. The median household income for the surrounding county is $50,787 compared to the national median of $69,021. The median age of people living in Elk River is 58.9 years.
The average high temperature in July is 78.3 degrees, with an average low temperature in January of 20.6 degrees. The average rainfall is approximately 37.5 inches per year, with 95.5 inches of snow per year.
