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911 2nd St S, Nampa, ID 83651

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For Sale

$799,900

7 beds • 7 baths • 5,327 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • $150.16
    Price per square foot

Explore this Property

Incredible 5.4% cap rate investment opportunity w/ massive room to add value in the heart of downtown Nampa, Idaho walking distance to your favorite eateries & entertainment! Property includes 2 multi-family buildings side-by-side, 6 parking spaces, & rentable billboard box sign. *Building #1 is a fully renovated & occupied cash-flowing 4-plex. Including new roof, windows, separate electrical meters, plumbing & new water heaters. All properly permitted through the city. *Building #2 is a triplex currently under rehab (2 bed, 1 bath / 1 bed, 1 bath / studio, 1 bath) New roof installed in 2022 & 3 separate power meters. Demo permit approved, building permit coming soon. *Purchase project now at current price & condition & build in a greater profit. Price will increase as each phase of development gets finished. End ARV/price will be ~$1.4m w/ 7.5% cap rate. This is an incredible opportunity to build in substantially greater equity. Further value comes from the rentable billboard box sign on its own power meter.
MLS# 98933024

Courtesy Of Silvercreek Realty Group

(208) 377-0422

Property Features

  • Amenities
    Dock
  • Architecture Style
    Other
  • Lot Size
    0.16 Acres

Map and Directions

Directions to 911 2nd St S, Nampa, ID 83651

Home seller CENTURY 21 Northstar

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Northstar

(208) 459-1597
Learn More About Us

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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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