About 802 Hotel St
Your next investment awaits! This lucrative 12-unit apartment complex (zoned condominiums) features a well-balanced composition of (6) 1-bed, 1-bath units and (6) 2-bed, 1-bath units, promising a diverse and appealing rental offering. Boasting an impressive 6.1% cap rate and the advantage of individually metered units, this property ensures a robust and reliable return on investment. Its strategic location, within walking distance to shopping and dining, coupled with easy access to I90, enhances its overall desirability. Seize this turnkey opportunity, complete with a compelling incentive— at least 3 units are primed for rent increases, amplifying the potential for even greater profitability in your investment venture
Features of 802 Hotel St
| MLS® # | 24-634 |
|---|---|
| Price | $1,700,000 |
| Bathrooms | 0.00 |
| Square Footage | 7,770 |
| Acres | 0.22 |
| Year Built | 1914 |
| Type | MultiFamily |
| Sub-Type | Apartment |
| Style | Sgl Level |
| Status | Active |
Community Information
| Address | 802 Hotel St |
|---|---|
| Area | 12 - Silver Valley |
| Subdivision | N/A |
| City | Wallace |
| County | Shoshone |
| State | ID |
| Zip Code | 83873 |
Amenities
| View | City |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Cable TV, Satellite |
|---|---|
| Heating | Electric, Baseboard, Hot Water |
| Fireplace | No |
| Has Basement | Yes |
| Basement | None-Crawl Space |
Exterior
| Exterior Features | Covered Porch, Curbs, Sidewalks |
|---|---|
| Lot Description | Level, Open Lot |
| Roof | Composition |
| Foundation | Concrete Perimeter |
School Information
| District | Wallace - 393 |
|---|
Additional Information
| Zoning | Commercial |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | ID Real Estate Ventures LLC |
|---|