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911 2nd Street S, Nampa, ID 83651

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For Sale

$1,250,000

7 beds • 7 baths • 5,327 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $234.65
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Discover a compelling investment opportunity in the heart of Nampa, just steps away from the bustling Downtown Historic District's array of restaurants & boutiques. This unique offering comprises two distinct buildings, complemented by 6 off-street parking spaces & a revenue-generating billboard with its own power meter. Building #1 is a turn-key, fully-occupied & renovated 4-plex, delivering immediate cash flow. Recently updated plumbing, water heaters, windows, roof & individual electrical meters. Building #2, a triplex, is currently undergoing a strategic renovation (through the sheetrock phase), providing an incredible opportunity to customize finishes & significantly boost your return. This building will feature a 2BD/1BA, a 1BD/1BA, & a studio/1BA. New roof in 2022. Purchase now to realize a greater profit margin and finish the development yourself. The price is set to increase with each completed phase. Upon full completion, the estimated ARV is $1.4M at a 7.5% CAP rate (current CAP is 5.5%).
MLS# 98952827

Courtesy Of Coldwell Banker Tomlinson

(208) 672-0447

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Lot Size
    0.16 Acres

Map and Directions

Directions to 911 2nd Street S, Nampa, ID 83651

Home seller CENTURY 21 Northstar

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Northstar

(208) 459-1597
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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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