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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

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    What's special

    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!

    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#: 20231370MLS Logo

    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