Duplex with great income potential. Both units are 2 bedrooms, 2 bathrooms and have a 1 car garage. Interior photos are of 1255 which was remodeled in 2020 with new floors, updated kitchen and bathroom. 1245 is not remodeled but it is well maintained. New AC in 2018 on 1245, new water heater in 2018 on 1255 and new carpet and interior paint on 1245 as of October 2019. One side is on a month to month lease so it could be owner occupied. Currently at a 7% cap rate but could easily get to 8% cap rate or higher. Rents are $1400 and $1150. $1150 is the month to month lease. Rents are projected at $1450 to $1600.
Off market
$424,500
1245-1255 Nineteen, Mountain Home, ID 83647
4beds
4baths
1,764sqft
MultiFamily
Built in 2004
-- sqft lot
$424,500 Zestimate®
$241/sqft
$1,911 Estimated rent