Description
Opportunity to purchase a market-leading multifamily investment property generating $6,000 in monthly income resulting in an 8% Cap Rate. Seller is willing to continue managing the property in an effort to provide a stress-free, turn-key passive income stream. Property has been recently renovated so maintenance costs will be minimal going forward. This listing is part of a collection of four investment properties on the market owned by the same Seller - please inquire if theres interest in buying the aggregate group. The property is located within a mile of NNU downtown Nampa. Two of the four units have been recently upgraded while the others are in good condition with long term tenants residing. Seller provides a shared washer/dryer facility on the property with the potential to upgrade to a coin-operated system generating incremental revenues. This is an impressive income property to add to your portfolio.
Directions: From 16th Ave S, W on 4th St, S on 15th Ave to address
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6BEDS
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0.16ACRES
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4BATHS
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01/2 BATHS
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2,928SQFT
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$290$/SQFT
School Information
Courtesy of Syme Real Estate.Description
Opportunity to purchase a market-leading multifamily investment property generating $6,000 in monthly income resulting in an 8% Cap Rate. Seller is willing to continue managing the property in an effort to provide a stress-free, turn-key passive income stream. Property has been recently renovated so maintenance costs will be minimal going forward. This listing is part of a collection of four investment properties on the market owned by the same Seller - please inquire if theres interest in buying the aggregate group. The property is located within a mile of NNU downtown Nampa. Two of the four units have been recently upgraded while the others are in good condition with long term tenants residing. Seller provides a shared washer/dryer facility on the property with the potential to upgrade to a coin-operated system generating incremental revenues. This is an impressive income property to add to your portfolio.
Directions: From 16th Ave S, W on 4th St, S on 15th Ave to address
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