Investors take note! Great location for this in town 2 building 8 plex with a cap rate of approximately 8%. Current rents are under market and with a slight increase will get you in the 9%+ cap rate range. Put your money to work for YOU! All apartments are 2 bedroom 1 bath units sitting on a nice sized .71 ac. lot. There is a coin op building that could be increased in size with more washer and dryer units. Storage building in the rear stays with property! Great rental history with tenants ranging in times of 6 years, 7 years, 10, 15, 20+ and 35+ years! Income and expenses are available to qualified clients. Put this one on your list!
Sold on 09/06/23
Price Unknown
6680 Lincoln St, Bonners Ferry, ID 83805
8beds
4baths
6,800sqft
Multi Family
Built in 1969
-- sqft lot
$706,100 Zestimate®
$--/sqft
$-- Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: September 07, 2023 at 11:11am
Listed by:
C.j. Tuma 208-946-1260,
COLDWELL BANKER NORTH WOODS REALTY
Source: SELMLS,MLS#: 20231370
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Electric
Appliances
- Included: Unit 1 Refrigerator, Unit 2 Refrigerator, Unit 3 Refrigerator, Unit 4 Refrigerator, Unit 5 Refrigerator, Unit 1 Stove, Unit 2 Stove, Unit 3 Stove, Unit 4 Stove, Unit 5 Stove
- Laundry: Coin Operated Washer/Dryer
Features
- High Speed Internet
- Windows: Aluminum Frames, Double Pane Windows, Insulated Windows, Vinyl
- Basement: Slab
Interior area
- Total structure area: 6,800
- Total interior livable area: 6,800 sqft
- Finished area above ground: 6,800
- Finished area below ground: 0
Property
Parking
- Parking features: On Street, Open
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Entry location: Unit 1: First Level,Unit 2: First Level,Unit 3: First Level,Unit 4: First Level,Unit 5: First Level
Lot
- Size: 0.71 Acres
- Features: City Lot, 5 to 10 Miles to City/Town, 1 Mile or Less to County Road, Landscaped, Level
Details
- Additional structures: Shed(s)
- Parcel number: RPB0420001007AA
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Siding
- Foundation: Slab
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 1969
Utilities & green energy
- Gas: To Property Line
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Phone Connected, Garbage Available
Community & neighborhood
Location
- Region: Bonners Ferry
- Subdivision: Id
HOA & financial
Other financial information
- Total actual rent: 3450
Other
Other facts
- Ownership: Fee Simple
- Road surface type: Paved