307 N 9th St - Apartments FOR SALE


Payette, ID 83661
$1,075,000 USD
208-344-6275
307 N 9th St, Payette, ID for Sale
$1,075,000 USD
Apartments - FOR SALE
1/52
null | 5.69% Cap Rate

307 N 9th St
Payette, ID 83661


OVERVIEW

PRICE REDUCED AGAIN! Fulfill your 1031 exchange or cashflow investment goals all in one property. You can own a piece of history as well as a fantastic stabilized investment opportunity. A lovely 2 bedroom townhome, ten classic, always rented apartments with a majestic brick home on the National Historical Register. The David C. Chase Home, built with style in 1893, features stained glass, a turret with weather vane, pristine woodwork, staircases and banisters are intact. This fine home can be your residence, several offices, a bed and breakfast, event center, restaurant, or whatever you have always wanted. The chase house is approximately 2941 sf on two levels plus a small unfinished basement area and an unfinished attic loft space. There are nine 1 bed/1 bath apartments, one 2 bed/1 bath apartment and one 2 bed/1.5 bath Townhome (two story separate building) all located on half an acre with majestic trees and endless possibilities.

FOR SALE DETAILS

PRICE

$1,075,000 USD

PRICE/SF

$141 USD /SF

# OF UNITS

12

PRICE/UNIT

$89,583

CAP RATE

5.69%

% LEASED

92%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Chase Bungalows

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1893

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.5 AC

LAND SF

21,780 SF

ZONING

MF

APN/PARCEL ID

P1110002001A

ASK ABOUT THIS PROPERTY

Gregg DavisKW CommercialMore Info
208-344-6275

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Gregg DavisKW CommercialMore Info
208-344-6275

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.