Payette, ID 83661 1648 & 1654 1st Ave S
$399,900
9 more
Presented By: RE/MAX Executives
Beds • 8
Baths • 1
SQFT • 3,095
Home Details
GREAT INVESTMENT OPPORTUNITY! This bundle deal includes 3 separate properties with 3 different homes: a 2 bedroom 1 bath; a 3 bedroom, 1 bath; and a 3 bed, 2 bath manufactured home. Currently generating $2,400/month in rental income, with projected future income of $2,650/month. Annual expenses are only $6,000, making this an excellent cash flow opportunity. The two frame built homes have their own lot with the manufactured home straddling the two. The 3rd lot has nothing on it, offering potential for future growth or parking. Tenants are in place, so please DO NOT DISTURB. This is a rare chance to invest in a multi-property package with strong returns and room to grow. Don't miss out on this fantastic investment!
Presented By: RE/MAX Executives
Interior Features for 1648 & 1654 1st Ave S
Bedrooms
Total Bedrooms8
Bathrooms
Total Baths4
Other Interior Features
Above Grade Finished Area Unit TypeSquare Feet
Air Conditioning Y/NYes
Below Grade Finished Area Unit TypeSquare Feet
Fireplace Y/NNo
FlooringVinyl
Heating Y/NYes
Laundry FeaturesWasher/Dryer Hookups (All Units)
General for 1648 & 1654 1st Ave S
AppliancesDisposal (Some Units), Stove/Range (All Units), Refrigerator (Some Units), Washer/Dryer (Some Units)
Attached Garage No
Building Area UnitsSquare Feet
Carport Y/NYes
CityPayette
Construction MaterialsFrame
CoolingWall/Window Unit(s)
CountyPayette
Current UseSingle Family
DirectionsN on Hwy 95, E on 1st St S
ElectricUnit 1 Separate Meter, Unit 2 Separate Meter, Unit 3 Separate Meter
Elementary SchoolPayette
Elementary School DistrictPayette School District #371
Garage Y/NNo
Gas Y/NUnit 1 Separate Meter, Unit 2 Separate Meter, Unit 3 Separate Meter
HOANo
HOA Fee$
HeatingForced Air, Natural Gas
High SchoolPayette
High School DistrictPayette School District #371
Home Warranty Y/NNo
Land Lease Y/NNo
Listing TermsCash
Living Area UnitsSquare Feet
Lot Size UnitsAcres
MLS AreaPayette - 1750
Middle/Junior High SchoolPayette Lakes
Middle/Junior School DistrictPayette School District #371
Net Operating Income22800
New ConstructionNo
Number Of Units Total3
Operating Expense6000
OwnershipFee Simple
Property Attached Y/NNo
Property SubtypeOther
Property TypeResidential Income
RoofComposition
Senior Community Y/NNo
StatusActive
Structure TypeManufactured House
Subdivision Name0 Not Applic.
Tax Annual Amount22557
Tax Year2023
Total Actual Rent2400
UtilitiesSewer Connected, Cable Connected
Waterfront Y/NNo
Year Built1925
Exterior for 1648 & 1654 1st Ave S
Building Area Total3095
FencingPartial
Lot Features1/2 - .99 Acre, Irrigation
Open Parking Y/NNo
Parking FeaturesCarport
SpaNo
Total Parking6
Water SourceCity Service
Additional Details
Price History
Schools
Elementary School
Payette Elementary School
High School
Payette High School
Middle School
Payette Lakes Middle School
Jesus Yerena Delgado
Agent