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    16 N Main Street

    Payette, ID 83661
    • $499,900
    • STATUS: Active
    • ON SITE: 25 days
    • MLS #: 98816761
    UPDATED: 8 min ago
    $499,900
    • 3
      BEDS
    • 0.1
      ACRES
    • 4
      BATHS
    • 0
      1/2 BATHS
    • 3,892
      SQFT
    • $128
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1920
    County:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:
    Courtesy of Kw Commercial.

    Description

    Excellent opportunity to purchase a mixed use investment property on Historic Main Street, in downtown Payette, Idaho. The main level retail space is leased to a salon for the next 3 years. There are three residential units, one at the rear on the property on the ground floor and two upstairs. Excellent cash flow investment opportunity. Compare this to a traditional fourplex and you will see the excellent value and rent potential of this property. Do NOT disturb tenants. BTVA

    Directions: Main Street in Payette to address

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    © 2021 Intermountain Multiple Listing Service, Inc. (IMLS). Real estate listings held by brokerage firms other than Hessing Group Real Estate | Silvercreek Realty Group are marked with the IMLS IDX logo and information about them includes the name of the listing brokerage. Information provided by IMLS is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Data last updated 2021-09-21T23:10:31.287.
    www.hessinggroup.com/homes/120863871
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    16 N Main Street Payette, ID 83661

    • Price: $499,900
    • Status: Active
    • Updated: 8 min ago
    • MLS #: 98816761
    3
    Beds
    4
    Baths
    0
    ½ Baths
    0.1
    Acres
    3,892
    SQFT
    $128
    $/SQFT
    1920
    Built
    Neighborhood:
    0 Not Applic.
    County:
    Payette
    Area:
    Payette - 1750
    Elementary School:
    Payette
    Middle School:
    Mccain
    High School:
    Payette
    School District:
    Payette School District #371
    Property Description
    Excellent opportunity to purchase a mixed use investment property on Historic Main Street, in downtown Payette, Idaho. The main level retail space is leased to a salon for the next 3 years. There are three residential units, one at the rear on the property on the ground floor and two upstairs. Excellent cash flow investment opportunity. Compare this to a traditional fourplex and you will see the excellent value and rent potential of this property. Do NOT disturb tenants. BTVA

    Directions: Main Street in Payette to address
    Exterior Features

    Construction BrickConcreteMasonry Garages Two CarCarportDetached Land Size Small Lot 5999 Sf Lot Sidewalks Lot Size Length 30 Lot Size Width 145 Parking Spaces 2

    Interior Features

    Apx Above Grade Sq Ft 3892 Apx Below Grade Sq Ft 0 Cooling Central AirSome Units Heating ElectricGas Refrigerator Some Units Stove Range Some Units

    Property Features

    Actual Rent Income 42000 Age 81+ Years Annual Net Operating Income 33647 Assoc Setup Transfer Fees 0 Association Fees 0 Association Frequency Not Applicable Auction YN No City Bus No Flood Ins Required YN No Garbage 960 Gross Operating Income 42000 Hazard Insurance 840 Home Owner Exempt YN No In Foreclosure YN No Irrigation District YN No Land Use 2-4 UnitsCommercial Retail Local Improvement Dist YN No Maint Repairs 2875 Multifamily Type Other Other Exp 2100 Potential Short Sale YN No Reo Bank Owned YN No Sewer Exp Yes Connected Tax Year 2020 Taxes 1169 Terms CashConventional Total Annual Expense 9624 U1 Actual Monthly Rent 1000 U2 Actual Monthly Rent 700 U3 Actual Monthly Rent 1000 U4 Actual Monthly Rent 1100 Water Exp City Service Zoning C-1

    Courtesy of Kw Commercial.


    © 2021 Intermountain Multiple Listing Service, Inc. (IMLS). Real estate listings held by brokerage firms other than Hessing Group Real Estate | Silvercreek Realty Group are marked with the IMLS IDX logo and information about them includes the name of the listing brokerage. Information provided by IMLS is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Data last updated 2021-09-21T23:10:31.287.
     
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    Hessing Group Real Estate | Silvercreek Realty Group
    1099 S. Wells St.
    Meridian ID, 83642
    Courtesy of Kw Commercial.