483 N 1st St, Nampa, ID 83651

$675,000 Active MLS® 98991244 Multi Family Home
ActiveMLS® 98991244
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483 N 1st St, Nampa, ID 83651 photo
Multi Family Home
MLS® 98991244
$675,000
483 N 1st St, Nampa, ID 83651
6 Beds 4 Baths 2,032 Sq.Ft. Built 1940
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

Interior features
  • Utilities Sewer Connected
  • Air conditioning Wall/Window Unit(s)
  • Lot description 1/2 - .99 Acre
Exterior features
  • Lot description 1/2 - .99 Acre
  • Roofing materials Composition

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Location