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1082 Banks Lowman Rd

Garden Valley, ID 83622
  • $699,900
  • STATUS: Active
  • ON SITE: 112 Days
  • MLS #: 98815295
Price Reduced
UPDATED: 13 min ago
$699,900
  • 9
    BEDS
  • 1.91
    ACRES
  • 8
    BATHS
  • 0
    1/2 BATHS
  • 5,700
    SQFT
  • $123
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1985
County:

School Information

Elementary School:
Middle School:
High School:
Courtesy of Garden Valley Properties.

Description

Opportunity knocks with this 7 unit rental complex: (1) 4-plex currently utilized as a duplex with 200' of highway frontage. (huge VRBO potential). (2) 2 story, 3 bed/2bath house with private septic. (3) 2 bed/1 bath updated cottage. (4) 1 bed/1bath updated cottage. Units 2/4 share septic with separate covered parking/storage units. On-site laundry facility, 2 sets coin-op washer & dryer. Long term rental history with below market rates in place. All on shared well with landlord paying trash services only. Excess land for future development (RV pads, storage Units, RV/Boat Storage. Nestled in beautiful Garden Valley, this unique investment opportunity is ready for new ownership. Located only 45 miles north of Boise, Garden Valley is a lovely location to call home, a fun vacation destination, and offers growth opportunity for those looking to invest. Garden Valley boasts a full-service grocery store, a pharmacy, several restaurants, and several other services that make mountain living incredibly convenient.

Directions: From Boise, north on Hwy 55 to Hwy 17 (Banks Lowman Rd.) about 10 miles. Property next to Chevron

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© 2021 Intermountain Multiple Listing Service, Inc. (IMLS). Real estate listings held by brokerage firms other than Boise River Realty are marked with the IMLS IDX logo and information about them includes the name of the listing brokerage. Information provided by IMLS is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Data last updated 2021-12-06T12:10:52.853.
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1082 Banks Lowman Rd Garden Valley, ID 83622

  • Price: $699,900
  • Status: Active
  • On Site: 112 Days
  • Updated: 13 min ago
  • MLS #: 98815295
9
Beds
8
Baths
0
½ Baths
1.91
Acres
5,700
SQFT
$123
$/SQFT
1985
Built
Neighborhood:
0 Not Applic.
County:
Boise
Area:
Garden Valley - 1425
Elementary School:
Garden Valley
Middle School:
Gardnvlyjr
High School:
Garden Valley
School District:
Garden Valley School District #7
Property Description
Opportunity knocks with this 7 unit rental complex: (1) 4-plex currently utilized as a duplex with 200' of highway frontage. (huge VRBO potential). (2) 2 story, 3 bed/2bath house with private septic. (3) 2 bed/1 bath updated cottage. (4) 1 bed/1bath updated cottage. Units 2/4 share septic with separate covered parking/storage units. On-site laundry facility, 2 sets coin-op washer & dryer. Long term rental history with below market rates in place. All on shared well with landlord paying trash services only. Excess land for future development (RV pads, storage Units, RV/Boat Storage. Nestled in beautiful Garden Valley, this unique investment opportunity is ready for new ownership. Located only 45 miles north of Boise, Garden Valley is a lovely location to call home, a fun vacation destination, and offers growth opportunity for those looking to invest. Garden Valley boasts a full-service grocery store, a pharmacy, several restaurants, and several other services that make mountain living incredibly convenient.

Directions: From Boise, north on Hwy 55 to Hwy 17 (Banks Lowman Rd.) about 10 miles. Property next to Chevron
Exterior Features

Construction LogOtherWood SidingFoundation - Crawl Space Fencing Type WireWood Garages CarportDetached Land Size 1 - 4.99 Acres Lot Fenced PartialOil TankAbove GroundWinter Acess Lot Size Length Irr Lot Size Width Irr Parking Spaces 10 Roof Metal

Interior Features

Apx Above Grade Sq Ft 5700 Apx Below Grade Sq Ft 0 Cooling Window/Wall Unit Heating BaseboardElectricOil Refrigerator All Units Stove Range All Units Structure Fireplace U1 Apx Sq Ft 567 U2 Apx Sq Ft 567 U3 Apx Sq Ft 1841 U4 Apx Sq Ft 672 U5 Apx Sq Ft 632

Property Features

Actual Rent Income 3250 Age 31-50 Years Assoc Setup Transfer Fees 0 Association Fees 0 Association Frequency Not Applicable Auction YN No City Bus No Docs On File EasementSurvey/PlatProperty DisclosureLengthy Legal Description Flood Ins Required YN No Home Owner Exempt YN No In Foreclosure YN No Irrigation District YN No Land Use 5+ Units Local Improvement Dist YN No Multifamily Type Other Potential Short Sale YN No Reo Bank Owned YN No Sewer Exp Septic Tax Year 2020 Taxes 3755.42 Terms CashConventionalOwner Will Carry U1 Actual Monthly Rent 700 U1 Projected Monthly Rent 800 U2 Actual Monthly Rent 700 U2 Projected Monthly Rent 800 U3 Actual Monthly Rent 700 U3 Projected Monthly Rent 1100 U4 Actual Monthly Rent 475 U4 Projected Monthly Rent 850 U5 Actual Monthly Rent 675 U5 Projected Monthly Rent 850 Water Exp Shared Well

Courtesy of Garden Valley Properties.


© 2021 Intermountain Multiple Listing Service, Inc. (IMLS). Real estate listings held by brokerage firms other than Boise River Realty are marked with the IMLS IDX logo and information about them includes the name of the listing brokerage. Information provided by IMLS is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Data last updated 2021-12-06T12:10:52.853.
 
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Boise River Realty
5583 N Glenwood St.
Boise ID, 83714
Courtesy of Garden Valley Properties.