483 N 1st St , Nampa, ID 83651
$675,000
Est. Payment: $1,500.00/mo
6 Bed
4 Bath
2032 Sqft
Status: Active | Days on site: 3
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10107 - 559047
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House 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

Highlights

Listed by Kirsten Carlson , 206-851-2479 Silvercreek Realty Group , 208-377-0422.

Property Type

Multi-Family

Year Built

1940

County

Canyon

Neighborhood

0 Not Applic.

School District

Nampa School District #131

Listing ID

98991244

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • Bedrooms:6
  • Bathrooms:4
  • Full Bathrooms:
Appliances:Stove/Range (All Units), Refrigerator (All Units)
Air Cond:Wall/Window Unit(s)
Fireplaces:
Floor:Laminate,Vinyl
Water:City Service

Exterior Features

Lot:1/2 - .99 Acre,Sewer Connected
Lot Dimensions:0x0
Garage Capacity:10
Zoning:Light Industrial/ SFR
Roof:Composition
Principal Interest
$1,500
Taxes
$213

Home Price

$675,000

Loan Details

30 yrs
%

Down Payment

20%
$135,000
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Monthly Price:
$1,500.00

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,500.00 $212.50 $0.00 $1,712.50
Yearly $18,000.00 $2,550.00 $0.00 $20,550.00
Total $540,000.00 $76,500.00 $0.00 $616,500.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Nampa, ID).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.