405 N 2nd East

    Mountain Home, ID 83647
    • $289,000
    • STATUS: Active
    • ON SITE: 11 days
    • MLS #: 98743928
    Price Reduced
    UPDATED: 63 min ago
    $289,000
    • 7
      BEDS
    • 0.22
      ACRES
    • 7
      BATHS
    • 0
      1/2 BATHS
    • 4,284
      SQFT
    • $67
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1895
    County:

    School Information

    Elementary School:
    Middle School:
    High School:
    Listing Courtesy of Te Agents, Llc.

    Description

    Iconic 8-unit rental property in the center of Mountain Home! The location is prime and it cash-flows like a dream. Vacant units rent within days. The property includes the large house in front and also the cottage rental unit in the back. Price reduced by $20K to reflect some items of deferred maintenance. The 8th unit (basement) meets egress but requires renovation in order to be rent-able.

    Directions: W on American Legion Blvd, N on N 2nd E.

    Monthly Payment Calculator



    © 2019 Intermountain Multiple Listing Service, Inc. (IMLS). Real estate listings held by brokerage firms other than Jon Gosche Real Estate, LLC 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 2019-09-23T08:10:13.353.
    www.boisemeridianrealestate.com/homes/98859628

    405 N 2nd East Mountain Home, ID 83647

    • Price: $289,000
    • Status: Active
    • Updated: 63 min ago
    • MLS #: 98743928
    7
    Beds
    7
    Baths
    0
    ½ Baths
    0.22
    Acres
    4,284
    SQFT
    $67
    $/SQFT
    1895
    Built
    Neighborhood:
    Mtn Home Twnst
    County:
    Elmore
    Area:
    Mtn Home-Elmore - 1500
    Elementary School:
    Mtn Home
    Middle School:
    Mtn Home
    High School:
    Mountain Home
    School District:
    Mountain Home School District #1
    Property Description
    Iconic 8-unit rental property in the center of Mountain Home! The location is prime and it cash-flows like a dream. Vacant units rent within days. The property includes the large house in front and also the cottage rental unit in the back. Price reduced by $20K to reflect some items of deferred maintenance. The 8th unit (basement) meets egress but requires renovation in order to be rent-able.

    Directions: W on American Legion Blvd, N on N 2nd E.
    Exterior Features

    Construction Frame Land Size Standard Lot 6000-9999 Sf Lot Size Length 119 Lot Size Width 81 Parking Spaces 6 Roof Composition ShingleWood Shingle

    Interior Features

    Apx Above Grade Sq Ft 3668 Apx Below Grade Sq Ft 616 Cooling Some Units Heating Radiant Refrigerator All Units Stove Range All Units U8 Baths 1 Washer Dryer Hookups No Units Washer Dryers No Units

    Property Features

    Actual Rent Income 34710 Age 81+ Years Annual Net Operating Income 15482 Assoc Setup Transfer Fees 0 Association Fees 0 Association Frequency Not Applicable Auction YN No City Bus No Docs On File Property DisclosureLead Based Paint Discl Electric 291 Flood Ins Required YN No Garbage 399 Gross Operating Income 31239 Hazard Insurance 1705 Heat 2116 Home Owner Exempt YN No In Foreclosure YN No Irrigation District YN No Land Use 5+ UnitsCommercial Retail Local Improvement Dist YN No Maint Repairs 6448 Mineral Rights Yes Multifamily Type Apartment Potential Short Sale YN No Reo Bank Owned YN No Sewer Exp Yes Connected Tax Year 2018 Taxes 2298.84 Terms CashConventional Total Annual Expense 15757 U1 Actual Monthly Rent 550 U1 Projected Monthly Rent 550 U2 Actual Monthly Rent 350 U2 Projected Monthly Rent 400 U3 Actual Monthly Rent 400 U3 Projected Monthly Rent 400 U4 Actual Monthly Rent 387 U4 Projected Monthly Rent 400 U5 Actual Monthly Rent 0 U5 Projected Monthly Rent 450 U6 Actual Monthly Rent 300 U6 Projected Monthly Rent 325 U7 Actual Monthly Rent 500 U7 Projected Monthly Rent 500 U8 Actual Monthly Rent 405 U8 Projected Monthly Rent 405 Vacancy Or Credit Loss 3471 Water Exp City Service Zoning Commercial General

    Courtesy of Te Agents, Llc.


    © 2019 Intermountain Multiple Listing Service, Inc. (IMLS). Real estate listings held by brokerage firms other than Jon Gosche Real Estate, LLC 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 2019-09-23T08:10:13.353.
     
    Jon Gosche Real Estate, LLC
    Boise ID,
    Listing Courtesy of Te Agents, Llc.