INCREDIBLE RIVERFRONT INVESTMENT PROPERTY in downtown Oldtown. Fantastic Pend Oreille River and mountain views from this level property, with river access down to the river. Perfect property for multi-unit housing, tiny homes, rental homes, etc. Conveniences of Oldtown and Newport, WA are within a couple blocks. Public boat launch at the park across the river! Property has a large shop building that could be indoor storage, garage parking, or some other creative use to accompany your development. Public maintained roads, city services and level building site makes this a gem! Seller currently rents out four mobile homes onsite, which used to have seven units, as well as RV sites in years past. This is an incredibly unique opportunity to create much needed housing in the Oldtown/Newport area!
Oldtown is located in Idaho. Oldtown, Idaho has a population of 425. Oldtown is more family-centric than the surrounding county with 49.35% of the households containing married families with children. The county average for households married with children is 25.5%.
The median household income in Oldtown, Idaho is $56,250. The median household income for the surrounding county is $55,206 compared to the national median of $69,021. The median age of people living in Oldtown is 35.5 years.
The average high temperature in July is 82.4 degrees, with an average low temperature in January of 21.1 degrees. The average rainfall is approximately 30.2 inches per year, with 59.8 inches of snow per year.
