$1,700,000
Active
113 Days Online
0 Beds0 Baths7,770 SQFT
Active

802 Hotel St Wallace, ID 83873

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Your next investment awaits! This lucrative 12-unit apartment complex (zoned condominiums) features a well-balanced composition of (6) 1-bed, 1-bath units and (6) 2-bed, 1-bath units, promising a diverse and appealing rental offering. Boasting an impressive 6.1% cap rate and the advantage of individually metered units, this property ensures a robust and reliable return on investment. Its strategic location, within walking distance to shopping and dining, coupled with easy access to I90, enhances its overall desirability. Seize this turnkey opportunity, complete with a compelling incentive— at least 3 units are primed for rent increases, amplifying the potential for even greater profitability in your investment venture

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyShoshone
  • Taxes$6,328
  • HOA/Condo/Coop Fees$0
  • Days on Site113 Days
  • MLS StatusActive
  • MLS ID Number24-634
  • Home Size Source Assessor
  • Year Built1914
  • Lot Size0.22 Acres
  • Full BathsN/A
  • Partial BathsN/A

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Recent Activity For 802 Hotel St Wallace, ID 83873

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General Features

  • Style Sgl Level
  • Construction Frame
  • Sewer Public Sewer
  • Acreage 0.22
  • Water Public
  • Property Sub Type Apartment
  • Foundation Concrete Perimeter
  • Zoning Commercial

Interior Features

  • Heating ElectricBaseboardHot Water
  • Interior Cable TVSatellite

Exterior Features

  • Roof Composition
  • View City
  • Spa No
  • Exterior Covered PorchCurbsSidewalks
  • Lot LevelOpen Lot

Community Features

  • Township 48
  • MLS Area 12 - Silver Valley

Schools

School District
Wallace - 393
Elementary School
Unknown
Middle School
Unknown
High School
Unknown

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Monthly Payment (Est.)

$9,066
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