Property Search Details

483 N 1st St Nampa, ID 83651

Directions

11th Ave N to 1st St North

Price: $675,000
Beds: 6
Baths: 2
Garages:
Type: Quadruplex
Area:
Land Size: 1/2 - .99 Acre
SqFt: 2032
Subdivision: 0 Not Applic.
Year Built: 1940
Construction: Wood Siding
Lot Size: 0x0 x 0x0

Includes

Gas: Unit 1 Separate Meter, Unit 2 Separate Meter, Unit 3 Separate Meter, Unit 4 Separate Meter
Air Conditioned: true
Water: City Service
Heating: Baseboard, Wall Furnace

Schools

School District: Nampa School District #131
Sr High School: Columbia
Jr High School: East Valley Mid
Grade School: Snake River

Contact for more details:

A-Team Consultants
1099 S Wells St #200, Meridian, ID 83642
Phone: 208.761.1735   Email: info@ateamboise.com

Description

Turnkey Multi-Family Investment Opportunity Rare opportunity to own a unique income-producing property at 483 1st St N in Nampa. Unlike a traditional fourplex, this property features four detached residential units on one parcel, offering tenants greater privacy and a single-family-home feel that helps drive strong occupancy and tenant retention. The property consists of three 1-bedroom, 1-bath units and one 3-bedroom, 1-bath home. Fully leased with new one-year leases in place, this investment provides immediate and stable cash flow from day one Investment highlights include a 5.8% cap rate, 100% occupancy, strong rental history, diverse unit mix, and excellent long-term appreciation potential. Conveniently located near downtown Nampa, shopping, dining, schools, parks, and major commuter routes, the property benefits from strong rental demand in one of Idaho`s fastest-growing markets. An ideal opportunity for investors seeking a turnkey asset, portfolio expansion, or a 1031 exchange replacement property
Legal Description:
22-3N-2W Nw Nampa City Acres 3 Lot 27 Less Nw 5` Of Ne 65` Blk 16
Listing info for this property courtesy of  Silvercreek Realty Group  Information deemed reliable but not guaranteed. Buyer to verify all information. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s), shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.