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House Front

$675,000

Active

MLS #98991244

483 N 1st St
Nampa, ID 83651

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

  • General Property Description
  • 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
  • Details
  • 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
  • Schools
  • 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.

Steve Cordell