483 N 1st St, Nampa, ID 83651
- $675,000
- 6
- BD
- 4
- BA
- 2,032
- SqFt
- List Price
- $675,000
- Status
- ACTIVE
- Days on Market
- 82
- MLS#
- 98991244
- Year Built
- 1940
- Bedrooms
- 6
- Bathrooms
- 4
- Living Area
- 2,032
- Subdivision
- 0 Not Applic.
Property 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
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Additional Information
- Taxes
- $2,550
- Heating
- Baseboard, Wall Furnace
- Air Conditioning
- Wall/Window Unit(s)
- Exterior Construction
- Wood Siding
- Roof
- Composition
- School District
- Nampa School District #131
- Elementary School
- Snake River
- Middle School
- East Valley Mid
- High School
- Columbia
Courtesy of Silvercreek Realty Group. Cell: 206-851-2479
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