477 1st Street N, Nampa, ID 83651 (MLS # 98858759)

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Listed with Fathom Realty

PRICE $629,000 dsIDX morgage calculator
SIZE 2,978 sqft
LOT SIZE 12,633 sqft

7 unit apartment complex for sale. Currently listed at a 5cap with only 4 of the 7 units occupied. Property is set up as follows: Units one - four are a fourplex style building with two units upstairs, two units down stairs. The two units downstairs are 65% complete on the remodel, before they can be leased out. Units five - seven are cottage units and do not share walls or roofs. Unit 5 and 7 are occupied and remodeled. Unit 6 is vacant and not remodeled. All occupied units are rented out at $850 a month. Fair market rent is $1000 a month per unit. All current leases are 12 month leases that are up for renewal as of 11/01/2022. Tenants pay their own power bills. Tenants pay a $35 fee monthly for water, sewer, and trash.

DAYS ON MARKET 12 LAST UPDATED 9/28/2022
YEAR BUILT 1940 COMMUNITY Nampa NE (87) - 1250
COUNTY Canyon STATUS Active
PROPERTY TYPE(S) Commercial

PRICE HISTORY
Prior to Sep 28, '22 $660,000
Sep 28, '22 - Today $629,000


ADDITIONAL DETAILS
AIR None
AREA Nampa NE (87) - 1250
CONSTRUCTION Frame, Wood Siding
HEAT Wall Furnace
LOT 0.29 acre(s)
LOT DESCRIPTION 10000 SF - .49 Acre
TAXES 3525
UTILITIES Sewer Connected
WATER City Service
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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