Great year end investment with strong rental history and nice, furnished units! 2 buildings, built in 2004 and in 2010, situated on 5 city lots. Building #1 has 3 finished units and 1 unfinished unit along with 2 single garage bays and a nice deck. Building #2 has 2 fully finished units and 3 single garage bays. Garages could be rented out separately. Plenty of opportunity in this income producing property located near the heart of Lava Hot Springs, ID. Beautiful mountain views in every direction with easy access to recreational trails, close to downtown shops and only minutes away from the World-Famous Lava Hot Springs.
The median home value in Lava Hot Springs, ID is $385,300. This is higher than the county median home value of $311,400. The national median home value is $338,100. The average price of homes sold in Lava Hot Springs, ID is $385,300. Approximately 32.17% of Lava Hot Springs homes are owned, compared to 22.17% rented, while 45.65% are vacant. Lava Hot Springs 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 Lava Hot Springs real estate agent to arrange a tour today!
Lava Hot Springs, Idaho has a population of 264. Lava Hot Springs is less family-centric than the surrounding county with 15% of the households containing married families with children. The county average for households married with children is 35.16%.
The median household income in Lava Hot Springs, Idaho is $43,542. The median household income for the surrounding county is $56,472 compared to the national median of $69,021. The median age of people living in Lava Hot Springs is 50.2 years.
The average high temperature in July is 86.8 degrees, with an average low temperature in January of 11.6 degrees. The average rainfall is approximately 16.4 inches per year, with 55.9 inches of snow per year.