Residential Income for Sale: 911 2nd St S, Nampa, ID 83651

7 beds
2 baths
5,327 sqft
mls #98928685
$775,000
$775,000
911 2nd St S, Nampa, ID 83651
7 beds
2 baths
5,327 sqft
mls #98928685
$775,000
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Price:
$775,000
$45,000 - 12/16/2024

Type Residential Income
Beds 7
Bathrooms 2
Square Feet 5,327 sqft
Lot Size 0.16 acres
Year Built 0

City Nampa
County Canyon
School District Nampa School District #131
Subdivision 0 Not Applic.

MLS 98928685
Status Active
DOM 46 days
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.

Lot & Building Features

Appliances Disposal (All Units), Stove/Range (All Units), Refrigerator (All Units), Washer/Dryer (All Units)
Heating Ductless/Mini Split
Cooling Ductless/Mini Split
Parking RV Access/Parking
Tax Year 2023
Water City Service
Lot Standard Lot 6000-9999 SF, Bus on City Route, R.V. Parking, Sidewalks

Community and Schools

Elementary School Central
Junior High School West Middle Nam
Senior High School Nampa

Price History of 911 2nd St S, Nampa, ID

Date Name Price Difference
12/16/2024 Price Adjustment $775,000 5.49%
12/09/2024 Price Adjustment $820,000 10.87%
11/06/2024 Listing Price $920,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 911 2nd St S, Nampa, ID

Location Map Street View
Photo of Mike Louie & Jennifer Hickey
Direct: 208-577-7777
Office
9601 W. State St.
Garden City, ID 83714
208-684-0000
Listed by Silvercreek Realty Group, Aaron Williams
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6.75%
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911 2nd St S (MLS #98928685) is a residential income listing located in Nampa, ID. This residential income listing is 5,327 sqft and on a lot of 6,970 sqft (or 0.16 acres) with 7 bedrooms and 2 baths. This property was listed on 11/06/2024 and has been priced for sale at $775,000.

Nearby zip codes are 83651 2727, 83651 4312, 83651 4708, 83686 and 83687. This property neighbors other cities such as Caldwell and Star.

IMLS

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Silvercreek Realty Group

© 2024 Intermountain Multiple Listing Service, Inc. (IMLS). Real estate listings held by other brokerage firms are marked with the IMLS IDX logo and information about them includes the name of the listing brokerage. Information provided by IMLS is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and 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. Data last updated 12/22/2024.