477 1st St N, Nampa, ID 83687

OPPORTUNITY ZONE! your chance to purchase a 7 unit multi-family in downtown Nampa. 4 units were renovated in 2021 and rented out at $925 to $975 a month. Market rent for these units are $1,000 per unit. This is verified by property next door which are similar in size and condition. The units are laid out as follows: one fourplex containing units 1 - 4. 2 units up top and 2 units below. Units 5 -7 are stand alone 1 bed 1 bath cottages. New 12 month leases are all going to be signed DEC 1st. All four current residents want to stay. The property next door was also recently renovated and sold at 575k at only 4 units. Large open space at the back of the property yielding an opportunity to rent out storage containers to tenants or additional parking spots.