Embrace a rare investment opportunity in downtown Nampa with this six-unit multi-family property. Four units were meticulously renovated in 2021, currently rented between $1090 to $1140/month, with market rates easily fetching $1000 per unit. The layout features a triplex housing units 1-3, with two upper units and one below, alongside standalone cottages for units 4-6, each offering one bed and bath. All current tenants express interest in staying. The property also boasts a large rear space, perfect for renting out storage containers or additional parking spots, further boosting income potential. Don’t miss out on this lucrative investment opportunity!
Property Details
Price:
$850,900
MLS #:
98913772
Status:
Active
Beds:
7
Baths:
7
Address:
477 1st Street N.
Type:
Multi Family
Subtype:
Apartment
Subdivision:
0 Not Applic.
Neighborhood:
Nampa NE (87) – 1250
City:
Nampa
Listed Date:
Jun 11, 2024
State:
ID
Finished Sq Ft:
2,978
Total Sq Ft:
2,978
ZIP:
83651
Year Built:
1940
Units:
6
Schools
School District:
Nampa School District #131
Elementary School:
Snake River
Middle School:
East Valley Mid
High School:
Columbia
Interior
Appliances
Disposal ( Some Units), Stove/ Range ( Some Units), Refrigerator ( Some Units), Washer/ Dryer ( No Units)
Cooling
None
Heating
Wall Furnace
Laundry Features
Washer/ Dryer Hookups ( No Units)
Exterior
Construction Materials
Wood Siding
Parking Spots
7
Roof
Composition
Financial
Tax Year
2021
Taxes
$3,525
Contact Us
Mortgage Calculator
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Listing courtesy of Homes of Idaho
Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Realtor Association of Intermountain Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than Cozy Boise include the name of the listing broker. Information provided by IMLS is deemed reliable but not guaranteed. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. Intermountain Multiple Listing Service, Inc. All rights reserved.
477 1st Street N.
Nampa, ID
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