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Listed by Tiffany Bentley • Magenta & Co.
$ 459,000
Est. payment | /mo
6 Beds
3,960 SqFt
$ 459,000
Est. payment | /mo
6 Beds
3,960 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 3,960 sqft
Price per Sqft $115
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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Sandi Rubio
REALTOR®/Associate Broker