Active
911 2nd St S
Nampa ID, 83651
$775,000
$145.49 per sqft
Active
7 Beds
7 Baths
5,327 sqft
Other
Courtesy of Aaron Williams, Silvercreek Realty Group
Massive price drop! Incredible 5.4% cap rate investment opportunity in the heart of downtown Nampa, Idaho walking distance to your favorite eateries & entertainment! Property includes 2 multi-family buildings side-by-side, 6 parking spaces, & a rentable billboard box sign. *Building #1 is a fully renovated & occupied cash-flowing 4-plex. Including new roof, windows, separate electrical meters, plumbing & new water heaters. All properly permitted through the city. *Building #2 is a triplex currently under rehab (2 bed, 1 bath / 1 bed, 1 bath / studio, 1 bath) New roof installed in 2022 & 3 separate power meters. Demo permit approved, building permit coming soon. *Purchase project now at current price & condition & build in a greater profit. Price will increase as each phase of development gets finished. End ARV/price will be ~$1.4m w/ 7.5% cap rate. This is an incredible opportunity to build in substantially greater equity. Further value comes from the rentable billboard box sign on its own power meter.
98928685
MLSⓇ ID
November 6, 2024
Listed
December 17, 2024
Updated
Map
911 2nd St S
Nampa ID, 83651
Interior Features
Bedrooms
7
Total Bathrooms
7
Appliances
Disposal (All Units), Stove/Range (All Units), Refrigerator (All Units), Washer/Dryer (All Units)
Floor Description
Engineered Vinyl Plank
Fireplace
No
Cooling
Yes
Cooling Description
Ductless/Mini Split
Heating
Yes
Heating Description
Ductless/Mini Split
Exterior/Building Features
Lot Size
0.16 Acres
Lot Features
Standard Lot 6000-9999 SF, Bus on City Route, RV Parking, Sidewalks
Roof
Composition
School Information
School District
Nampa School District #131
High School
Nampa
Elementary School
Central
Other Property Details
Area Name
Nampa NW (51) - 1270
Taxes
$3,261
Tax Frequency
Annually
Days on Market
40
Association Fee
Not Listed
Garage
No
Parking
RV Access/Parking
Parking Total
6
View
No
County
Canyon
Water Source
City Service
Pool
No
Listing History
Date | Event | Price |
---|---|---|
12/17/2024 | Price change | $775,000 -6% |
12/9/2024 | Price change | $820,000 -11% |
Courtesy of Silvercreek Realty Group, Aaron Williams,
Listing Contact: 208-761-2175
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Data last updated 4:49 AM UTC, 12/17/2024
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