Mountain Home, ID 83647 405 N 2nd E
$760,000
28 more
Presented By: KW Commercial
Beds • 7
Baths • 1
SQFT • 4,284
Home Details
Iconic 8-unit rental property in the center of Mountain Home! The location is prime and the property has excellent rental history. Vacant units rent within days. The property includes the large house in front and also the cottage rental unit in the back. New roof and exterior paint in 2020, new electrical meter and main service panel in 2020. Most windows were replaced in 2020. Units 1, 3, 6, 7, & 8 are updated. Units 4 and 5 are long-term tenants. Professionally managed. Being Sold "As-is" with full Inspection Report Available. Listing Agent is part-owner in property. Located across the street from the newly renovated Towne Center Apartments (formerly motel), a block from Albertson's, just east of the Railroad Park, the home of the Mountain Home Farmer's Market. Minutes from I-84 and Mountain Home Airforce Base.
Presented By: KW Commercial
Interior Features for 405 N 2nd E
Bedrooms
Total Bedrooms7
Bathrooms
Total Baths8
Other Interior Features
Above Grade Finished Area Unit TypeSquare Feet
Air Conditioning Y/NYes
Below Grade Finished Area Unit TypeSquare Feet
Fireplace Y/NNo
FlooringVinyl
Heating Y/NYes
Laundry FeaturesWasher/Dryer Hookups (No Units)
General for 405 N 2nd E
AppliancesDisposal (No Units), Stove/Range (All Units), Refrigerator (All Units), Washer/Dryer (No Units)
Attached Garage No
Building Area UnitsSquare Feet
Cap Rate6.7
Carport Y/NNo
CityMountain Home
Construction MaterialsFrame, Wood Siding
CoolingWall/Window Unit(s), Some Units
CountyElmore
Current Use5+ Units
DirectionsFrom I-84 to I-84BL E/old U.S. 30 in Elmore County and take exit 90 from I-84E. Follow I-84BL E to N 2nd E St/Old U.S. 30 W and turn left. Property on your left.
Elementary SchoolMtn Home
Elementary School DistrictMountain Home School District #193
Garage Y/NNo
Gross Income74681
HOAYes
HOA Fee$
HeatingNatural Gas, Other
High SchoolMountain Home
High School DistrictMountain Home School District #193
Home Warranty Y/NNo
Land Lease Y/NNo
Listing TermsCash, Conventional
Living Area UnitsSquare Feet
Lot Size Square Feet9583.2
Lot Size UnitsAcres
MLS AreaMtn Home-Elmore - 1500
Middle/Junior High SchoolMtn Home
Middle/Junior School DistrictMountain Home School District #193
Net Operating Income50926
New ConstructionNo
Number Of Units Total8
Operating Expense23755
OwnershipLess Than Fee Simple
Property Attached Y/NNo
Property SubtypeApartment
Property TypeResidential Income
RoofComposition
Senior Community Y/NNo
StatusActive
Subdivision NameMtn Home Twnst
Tax Annual Amount1598
Tax Year2023
Total Actual Rent5803
UtilitiesSewer Connected
Waterfront Y/NNo
Year Built1895
Zoning DescriptionC2
Exterior for 405 N 2nd E
Building Area Total4284
Lot Dimensions119x81
Lot FeaturesStandard Lot 6000-9999 SF, Sidewalks
Lot Size Acres0.22
Lot Size Area0.22
Open Parking Y/NNo
SpaNo
Total Parking6
Water SourceCity Service
Additional Details
Price History
Schools
High School
Mountain Home High School
Middle School
Mtn Home Middle School
Elementary School
Mtn Home Elementary School
Jesus Yerena Delgado
Agent