Glenns Ferry ID Multi Family for Sale
$715,000
392 S Ada St Glenns Ferry, ID 83623
- Type:
- Apartment
- Sq.Ft.:
- 6,000
- Status:
- Active
- Beds:
- 8
- Year built:
- 1903
- Baths:
- 8.00
- MLS#:
- 98924740
- Subdivision:
- 0 Not Applic.
ADDITIONAL INFORMATION
Great basis and going in cap rate on an updated 12-plex in Glenns Ferry, Idaho with newer windows, carpets, and appliances in units. All 1bd 1ba units with historic occupancy showing 100%, being on a 20-year HUD contract with 15 years left. HUD contract calls for a 3% rent increase annually. Low-maintenance tenant base with a recent government NSPIRE score of 99/100.
- Type:
- Duplex
- Sq.Ft.:
- 1,517
- Status:
- Active
- Beds:
- 3
- Year built:
- 1946
- Baths:
- 2.00
- MLS#:
- 98922780
- Subdivision:
- North Add Gf
ADDITIONAL INFORMATION
Investment Opportunity: 3-Bedroom Home with Flexible Living Options Discover a unique opportunity to combine comfortable living with potential income generation. This beautifully updated 3-bedroom, 2-bathroom home features a separate unit that can be used as a mother-in-law suite or for rental income. Enjoy the benefits of recent renovations throughout the home, while the separate unit offers a versatile and profitable opportunity. The income-generating unit has its own entrance, ensuring privacy and convenience for both residents. The main house offers ample living space for comfortable living. Don't miss this chance to own a property that offers both lifestyle and financial flexibility. Contact us today to schedule a viewing and explore this exciting investment opportunity.
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Glenns Ferry Real Estate
The median home value in Glenns Ferry, ID is $260,200. This is lower than the county median home value of $310,800. The national median home value is $338,100. The average price of homes sold in Glenns Ferry, ID is $260,200. Approximately 49.91% of Glenns Ferry homes are owned, compared to 29.38% rented, while 20.71% are vacant. Glenns Ferry real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Glenns Ferry real estate agent to arrange a tour today!
Glenns Ferry, Idaho has a population of 1,197. Glenns Ferry is less family-centric than the surrounding county with 30.42% of the households containing married families with children. The county average for households married with children is 35.53%.
The median household income in Glenns Ferry, Idaho is $29,219. The median household income for the surrounding county is $48,475 compared to the national median of $69,021. The median age of people living in Glenns Ferry is 47.1 years.
Glenns Ferry Weather
The average high temperature in July is 95.1 degrees, with an average low temperature in January of 22.8 degrees. The average rainfall is approximately 9.6 inches per year, with 5.4 inches of snow per year.