Active
MLS #98991244
| Total Bedrooms: | 6 |
|---|---|
| Total Bathrooms: | 2 |
| Total SqFt: | 2032 |
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
| Total Bedrooms | 6 |
|---|---|
| Total Bathrooms | 2 |
| Total SqFt. | 2032 |
| Age | |
| Year Built | 1940 |
| Land Size | 1/2 - .99 Acre |
| # of Acres | |
| Garage Type | |
| Garage Stall |
| Class | Residential Income |
|---|---|
| Type | Quadruplex |
| Subdivision | 0 Not Applic. |
| Levels | |
| Roof | Composition |
| Water | City Service |
| Heating | Baseboard, Wall Furnace |
| Construction | Wood Siding |
| Lot Size | 0x0 x 0x0 |
| Land Use | Single Family, Industrial |
| Kitchen Features | Stove/Range (All Units), Refrigerator (All Units) |
| Legal Description | 22-3N-2W Nw Nampa City Acres 3 Lot 27 Less Nw 5` Of Ne 65` Blk 16 |
| School District | Nampa School District #131 |
|---|---|
| Grade School | Snake River |
| Middle School | East Valley Mid |
| High School | Columbia |
| 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. |