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Home For Sale

Picture of Home For Sale in Bonners Ferry, Idaho, United States

$775,000

6680 Lincoln St
Bonners Ferry, Idaho, United States

Listed By: Realtyww Info

Listed On: 06/05/2023

Listing ID: GL10248275 View More Details

Description

Investors take note! Great location for this in town 2 building 8 plex with a cap rate of approximately 8%. Current rents are under market and with a slight increase will get you in the 9%+ cap rate range. Put your money to work for YOU! All apartments are 2 bedroom 1 bath units sitting on a nice sized.71 ac. lot. There is a coin op building that could be increased in size with more washer and dryer units. Storage building in the rear stays with property! Great rental history with tenants ranging in times of 6 years, 7 years, 10, 15, 20+ and 35+ years! Income and expenses are available to qualified clients. Put this one on your list!

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Listed by: Coldwell Banker North Woods Realty
Source: The World Property Journal

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