Courtesy of Silvercreek Realty Group, 208-377-0422.
$675,000
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… Read More 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 Read Less
Listing Snapshot
Days Online
49
Last Updated
Property Type
Quadruplex
Beds
6
Full Baths
4
Square Ft.
2,032
Year Built
1940
MLS Number
98991244
Additional Details
Building
Above Grade Finished Area Units: Square Feet, Below Grade Finished Area Units: Square Feet, Building Area Total: 2032, Building Area Units: Square Feet, Construction Materials: Wood Siding, Living Area: 2032, Living Area Units: Square Feet, Year Built: 1940
Current Use: Single Family, Industrial, Farm Land Area Units: Square Feet, Leasable Area Units: Square Feet, Parcel Number: 12899000 0, Property Sub Type: Quadruplex, Property Type: Residential Income
Floors
Flooring: Laminate, Vinyl
Utilities
Gas: Unit 1 Separate Meter, Unit 2 Separate Meter, Unit 3 Separate Meter, Unit 4 Separate Meter, Utilities: Sewer Connected
Income
Gross Income: 51240
Heating
Heating: Baseboard, Wall Furnace, Heating YN: t
Water Features
Irrigation Source: Irrigation District: Yes, Water Source: City Service
Lot
Lot Features: 1/2 - .99 Acre, Lot Size Dimensions: 0x0, Lot Size Units: Acres
Parking
Parking Total: 10
Taxes
Tax Annual Amount: 2550, Tax Legal Description: 22-3N-2W Nw Nampa City Acres 3 Lot 27 Less Nw 5' Of Ne 65' Blk 16, Tax Year: 2025
The above information deemed reliable but not guaranteed. IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data.
Listings last updated on , .
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The above information deemed reliable but not guaranteed. IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data.
Listings last updated on , .
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