Pleased to present this recently renovated 5-unit multifamily investment opportunity in the center of Mountain Home. Perfectly situated close to a variety of shops and schools. This property includes freshly finished interior and exterior paint, new floors, refinished hardwood, and four new mini splits completed as of February 1, 2025. The property is comprised of the main 4-Unit building in front and the detached 1 Unit building in the back. The detached building includes one private parking spot and storage shed. Offering a compelling 8.81% proforma cap rate, this property presents a turnkey opportunity to capitalize on the strong demand for centrally located living solutions.
MLS # | 98940201 |
---|---|
Listing Type | For Sale |
Style | Town House |
Sub-Type | Resale |
Status | Active |
Year | 1935 |
Days On Site | 89 |
Listing Provided By | Lee & Associates Idaho LLC | Matthew Mahoney |
Bed(s) | 4 |
---|---|
Bath(s) | 4 |
SQ Feet | 2,508 |
Units | 5 |
Zoning | C-3 |
Acreage | 0.18 |
Property | 1504 |
---|
State | ID |
---|---|
County | Elmore |
City | Mountain Home |
Zip Code | 83647 |
Area | Mtn Home Elmore |
School District | Mountain Home School District #1 |
Elementary School | Mountain Home School District #1 |
Middle School | Mountain Home School District #1 |
High School | Mountain Home School District #1 |
Listing VS Median (in 83647) | |
Price: $367,000 low | high Med: $378,490 SqFt: 2,508 low | high Med: 1,877 $ / SqFt: $146 low | high Med: $202 On site: 89 low | high Med: 116.5 |