6478 Van Buren Active

Bonners Ferry,ID 83805

$ 1149000

10 Beds

5 Baths

7540 SqFt


Key Details

Property Type Multi-Family

Sub Type Multifamily

Listing Status Active

Purchase Type For Sale

Square Footage 7,540 sqft

Price per Sqft $152

Subdivision Id

MLS Listing ID 20251802

Style 2 Story

Bedrooms 10

Year Built 1979

Annual Tax Amount $4,742

Tax Year 2024

Lot Size 0.570 Acres

Property Sub-Type Multifamily

Property Description

Incredible investment opportunity in Bonners Ferry! 8 unit apartment building on a corner lot, with updates throughout - new flooring, new lighting, new paint, new upper level decks, and more! All units have been updated from the original in some way. Each unit is 2 bed/1 bath, 875 sq ft, and has either a patio or balcony/deck. The building features two convenient laundry facilities, 10 open parking spaces in back & 1 handicapped parking space. Playground equipment, large lawn area, and underground sprinklers. Tenants pay for electricity. Monthly rental income is $6480. Don't miss out on this opportunity to build your real estate portfolio and earn passive income!

Location

State ID

County Boundary

Area 3-Bonners Ferry

Rooms

Dining Room Yes

Kitchen Yes

Multi-Unit Info

Total Units 8

Unit 1 Information SqFt: 875; Bedroom: 2; Bathroom: 1

Unit 2 Information SqFt: 875; Bedroom: 2; Bathroom: 1

Unit 3 Information SqFt: 875; Bedroom: 2; Bathroom: 1

Unit 4 Information SqFt: 875; Bedroom: 2; Bathroom: 1

Interior

Heating Baseboard

Exterior

Parking Features None

Building

Lot Description Tenant occupied ***Rents moving up to 900 in Aug - call listing agent Kim with any questions or showing requests. 8 units total. Unit 3 is a section 8 year lease up in October 2024, #7m #6 have been remodeled. New windows in the back new siding, new paint ( 2024), new decks, two laundry facilities. Tenants pay electric. 10 parking spots on asphalt in back - 1 handicap spot. Items inside the shed are not included in the sale. Outside of building being painted 7/20.

Foundation Concrete

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