405 N 2nd E Mountain Home, ID 83647

Building Details

Year Built

1895

Listing office KW Commercial | Boise g***@gmail.com Show Phone

Listing date Dec 5, 2024

Source Realnex

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Investment Insights

Based on property information with market context.

This eight-unit rental property is located in Mountain Home and features a large house in the front and a cottage rental unit in the back. The property has a history of successful rentals, with vacant units renting quickly. Several updates have been made to the property, including a new roof and exterior paint in 2020, along with a new electrical meter and main service panel in the same year. Most of the windows were also replaced in 2020. Units 1, 3, 6, 7, and 8 have been updated. A new boiler is scheduled for installation in December 2025. Units 4 and 5 are occupied by long-term tenants. The property is professionally managed.

Key Highlights

• Prime location in the center of Mountain Home with excellent rental history.
• 8‑unit rental property including a main house and a cottage.
• Updated units (1, 3, 6, 7, & 8) for immediate higher rental income.

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FAQs

What type of property is this?

Apartment building - Eight-unit rental property with excellent rental history in Mountain Home.

Where is this apartment building located?

The property is located at 405 N 2nd E Mountain Home, ID.

What is the asking price?

The asking price for this property is $699,000.

What are key features of this property?

This property features: Prime location in the center of Mountain Home with excellent rental history.; 8‑unit rental property including a main house and a cottage.; Updated units (1, 3, 6, 7, & 8) for immediate higher rental income.