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477 1st Street N.

Nampa, ID 83651
  • $575,900
  • STATUS: Active
  • ON SITE: 61 Days
  • MLS #: 98860034
UPDATED: 54 min ago
$575,900
  • 7
    BEDS
  • N/A
    ACRES
  • 7
    BATHS
  • 0
    1/2 BATHS
  • 2,978
    SQFT
  • $193
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1940
County:

School Information

Elementary School:
Middle School:
High School:
School District:
Intermountain MLS logoCourtesy of Fathom Realty.

Description

OPPORTUNITY ZONE! your chance to purchase a 7 unit multi-family in downtown Nampa. 4 units were renovated in 2021 and rented out at $925 to $975 a month. Market rent for these units are $1,000 per unit. This is verified by property next door which are similar in size and condition. The units are laid out as follows: one fourplex containing units 1 - 4. 2 units up top and 2 units below. Units 5 -7 are stand alone 1 bed 1 bath cottages. New 12 month leases are all going to be signed DEC 1st. All four current residents want to stay. The property next door was also recently renovated and sold at 575k at only 4 units. Large open space at the back of the property yielding an opportunity to rent out storage containers to tenants or additional parking spots.

Directions: 11th Ave North, West side of Street

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Intermountain MLS logo© 2022 Intermountain Multiple Listing Service, Inc. (IMLS). Real estate listings held by brokerage firms other than Real Broker, LLC 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 2022-12-05T12:10:19.923.
www.househuntersofidaho.com/homes/133641964
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477 1st Street N. Nampa, ID 83651

  • Price: $575,900
  • Status: Active
  • On Site: 61 Days
  • Updated: 54 min ago
  • MLS #: 98860034
7
Beds
7
Baths
0
½ Baths
N/A
Acres
2,978
SQFT
$193
$/SQFT
1940
Built
Neighborhood:
0 Not Applic.
County:
Canyon
Area:
Nampa Ne (87) - 1250
Elementary School:
Snake River
Middle School:
East Valley Mid
High School:
Columbia
School District:
Nampa School District #131
Property Description
OPPORTUNITY ZONE! your chance to purchase a 7 unit multi-family in downtown Nampa. 4 units were renovated in 2021 and rented out at $925 to $975 a month. Market rent for these units are $1,000 per unit. This is verified by property next door which are similar in size and condition. The units are laid out as follows: one fourplex containing units 1 - 4. 2 units up top and 2 units below. Units 5 -7 are stand alone 1 bed 1 bath cottages. New 12 month leases are all going to be signed DEC 1st. All four current residents want to stay. The property next door was also recently renovated and sold at 575k at only 4 units. Large open space at the back of the property yielding an opportunity to rent out storage containers to tenants or additional parking spots.

Directions: 11th Ave North, West side of Street
Exterior Features

Construction Materials Wood Siding Lot Features 10000SF - .49 Parking Total 7 Roof Composition

Interior Features

Above Grade Finished Area Units Square Feet Appliances Disposal (Some Units)Stove/Range (Some Units)Refrigerator (Some Units)Washer/Dryer (No Units) Below Grade Finished Area Units Square Feet Building Area Total 2978 Cooling None Cooling YN No Heating Wall Furnace Heating YN Yes Laundry Features Washer/Dryer Hookups (No Units)

Property Features

Association Fee 0 Association YN Yes Current Use 5+ Units Electric Unit 1 Separate MeterUnit 2 Separate MeterUnit 3 Separate MeterUnit 4 Separate MeterUnit 5 Separate MeterUnit 6 Separate MeterUnit 7 Separate Meter Listing Terms CashConventional1031 Exchange Ownership Fee Simple Property Sub Type Apartment Tax Annual Amount 3525.2 Tax Legal Description 22-3N-2W NW NAMPA CITY ACRES 3 LT 26 & NW 5' OF NE 65' OF LT 27 BLK 16 Tax Year 2021 Total Actual Rent 3800 Utilities Sewer ConnectedCable Connected Water Source City Service

Intermountain MLS logoCourtesy of Fathom Realty: 208-576-4717.


Intermountain MLS logo© 2022 Intermountain Multiple Listing Service, Inc. (IMLS). Real estate listings held by brokerage firms other than Real Broker, LLC 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 2022-12-05T12:10:19.923.
 
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Intermountain MLS logoCourtesy of Fathom Realty.