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Listed with Silvercreek Realty Group
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Incredible investment opportunity in the heart of downtown Nampa, Idaho walking distance to your favorite eateries and entertainment! This property includes 2 multi-family buildings side-by-side, 6 parking spaces, and a rentable billboard box sign. *Building #1 is a fully renovated & occupied cash-flowing 4-plex. Including new roof, windows, separate electrical meters, plumbing and 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 permitted roof installed in 2022 & 3 separate power meters. Demo permit approved, building permit coming soon. *Purchase project now at current price & condition and build in a greater profit. Price will increase as each phase of development gets finished. End ARV/price will be ~$1.4m. Inquire for current and ARV P&Ls. 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.
| DAYS ON MARKET | 15 | LAST UPDATED | 11/11/2024 |
|---|---|---|---|
| TRACT | 0 Not Applic. | YEAR BUILT | 0 |
| COMMUNITY | Nampa NW (51) - 1270 | COUNTY | Canyon |
| STATUS | Active | PROPERTY TYPE(S) | Residential Income |
| Elementary School | Central |
|---|---|
| Jr. High School | West Middle Nam |
| High School | Nampa |
| ADDITIONAL DETAILS | |
| AIR CONDITIONING | Yes |
|---|---|
| APPLIANCES | Cooktop, Disposal, Dryer, Range, Refrigerator, Washer |
| AREA | Nampa NW (51) - 1270 |
| CONSTRUCTION | Stucco |
| LOT | 6970 sq ft |
| LOT DIMENSIONS | 99x69 |
| PARKING | RV Access/Parking |
| SUBDIVISION | 0 Not Applic. |
| TAXES | 3261 |
| UTILITIES | Sewer Connected |
| WATER | Public |
| SATELLITE VIEW |
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