483 N 1st St, Nampa, ID 83651
Courtesy of Silvercreek Realty Group. Cell: 206-851-2479
- $675,000
- 6
- BD
- 4
- BA
- 2,032
- SqFt
- List Price
- $675,000
- Days on Market
- 3
- Status
- ACTIVE
- MLS#
- 98991244
- Bedrooms
- 6
- Subdivision
- 0 Not Applic.
- Bathrooms
- 4
- County
- Canyon
- Sq. Ft
- 2032
- Year Built
- 1940
- Age
- 1940
Property 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
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Additional Information
- Land Use
- Single Family, Industrial
- Sq. Ft
- 2032
- Roof
- Composition
- Construction
- Wood Siding
- Lot Features
- 1/2 - .99 Acre
- Air Conditioning
- Wall/Window Unit(s)
- Heating
- Baseboard, Wall Furnace
- Water
- City Service
- Gas
- Unit 1 Separate Meter, Unit 2 Separate Meter, Unit 3 Separate Meter, Unit 4 Separate Meter
- School District
- Nampa School District #131
- Elementary School
- Snake River
- Middle School
- East Valley Mid
- High School
- Columbia
- Taxes
- $2,550
- Tax Year
- 2025
- Parcel Number
- 12899000 0
- Gross Operating Income
- 51240
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