911 2nd St S
Nampa, ID 83651
- 7 beds
- 7 baths
- 5,327 sqft
- 6,969 sqft lot
- $145 per sqft
- – on site
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.
Last checked:
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Last updated Dec 17, 2024
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MLS# 98928685 —
The Building
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Construction Materials:Stucco
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Roof:Composition
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# of Units Total:7
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Building Area Total:5327
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Above Grade Finished Area Units:Square Feet
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Below Grade Finished Area Units:Square Feet
Interior
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Flooring:Engineered Vinyl Plank
Room Dimensions
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Living Area:5327
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Living Area Units:Square Feet
Location
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Directions:N on 12th Ave, W on 2nd to property
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Latitude:43.579787
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Longitude:-116.563707
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Coordinates:-116.563707, 43.579787
The Property
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Parcel Number:13403000 0
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Property Type:Residential Income
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Property Subtype:Other
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Current Use:5+ Units
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Lot Features:Standard Lot 6000-9999 SF
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Lot Size Area:0.16
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Lot Size SqFt:6969.6
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Lot Size Dimensions:99x69
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Lot Size Acres:0.16
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Lot Size Units:Acres
Listing Agent
- Contact info:
- Agent phone:
- (208) 761-2175
- Office phone:
- (208) 377-0422
Taxes
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Tax Year:2023
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Tax Annual Amount:3261
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Tax Legal Description:22-3N-2W SW NAMPA ORIGINAL SE1/2 OF LTS 26&28 BLK 31
Beds
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Bedrooms Total:7
Baths
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Total Baths:7
Heating & Cooling
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Heating:Ductless/Mini Split
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Heating:true
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Cooling:Ductless/Mini Split
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Cooling:true
Utilities
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Utilities:Sewer Connected
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Gas:Unit 1 Separate Meter
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Water Source:City Service
Appliances
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Appliances:Disposal (All Units)
Schools
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Elementary School:Central
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Elementary School District:Nampa School District #131
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Middle Or Junior School:West Middle Nam
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Middle Or Junior School District:Nampa School District #131
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High School:Nampa
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High School District:Nampa School District #131
The Community
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Subdivision Name:0 Not Applic.
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Association:true
Parking
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Parking Total:6
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Parking Features:RV Access/Parking
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
12/16/24
Dec 16, 2024
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Price Changed | IMLS | $775,000 | -5.5% |
|
12/9/24
Dec 9, 2024
|
Price Changed | IMLS | $820,000 | -10.9% |
|
11/6/24
Nov 6, 2024
|
Listed / Active | IMLS | $920,000 | 41.6% |
