Additional details

Colby Lampman

colby@homesofidaho.com +1(208) 442-1530

Listed by Tiffany Bentley • Magenta & Co.

$439,000

Est. payment - /mo

6 Beds

3,960 SqFt

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UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 3,960 sqft

Price per Sqft $110

MLS Listing ID 98997184

Bedrooms 6

HOA Y/N No

Year Built 1981

Lot Size 6,534 Sqft

Acres 0.15

Source IMLS 2

Property Description

INVESTMENT OPPORTUNITY in quaint Troy, Idaho! Located just 11 miles from Moscow, home to the University of Idaho, Schweitzer Engineering Laboratories (SEL), and the renowned Farmers Market, voted among the Top 10 in the nation by Sunset Magazine. This 5-unit apartment building offers 3,960 sq ft and was built in 1981. Units 1-4 each feature 2 bedrooms and 1 bath, while Unit 5 offers 1 bedroom and 1 bath. The property generates $3,420/month in rental income, plus additional revenue potential from the coin-operated washer/dryer laundry facility. All units have separate electrical meters. An abundance of off-street parking, a corner-lot location, quality local schools, and convenient small-business retail amenities add to the appeal. All leases have been renewed, with varying expiration dates in spring/summer 2027, providing an established tenant base and near-term income stability. A solid opportunity to own a multi-family asset in a charming Palouse community with easy access to Moscow! Great investment value!

Location

State ID

County Latah

Interior

Heating Electric, Forced Air, Baseboard

Fireplace No

Exterior

Utilities Available Sewer Connected

Roof Type Composition

Total Parking Spaces 8

Building

Lot Description Standard Lot 6000-9999 SF

Water City Service

Structure Type Wood Siding

New Construction No

Others

Senior Community No

Tax ID RPT1540011001A

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Nearby School & Business

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Colby Lampman

+1(208) 442-1530

Broker License ID: DB30961

107 6th St Troy, ID 83871

Colby Lampman

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

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