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142 Nielsen Ln

Emmett, ID 83617
  • $900,000
  • STATUS: Active
  • ON SITE: 44 Days
  • MLS #: 98822938
UPDATED: 42 min ago
$900,000
  • 12
    BEDS
  • 1.4
    ACRES
  • 6
    BATHS
  • 0
    1/2 BATHS
  • 4,400
    SQFT
  • $205
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1950
County:
Gem

School Information

Elementary School:
Middle School:
High School:
Courtesy of Rallens Realty Consultants.

Description

Five residential income units with significant upside potential. Possibility to subdivide to individual units; see Docs tab for details. 6% CAP Rate on Pro Forma income. Potential for annexation and subdivision. Incredible income opportunity under $1,000,000 -- Housing demand in Emmett has never been greater! Fantastic opportunity for rent appreciation/higher yields than most residential investments.

Directions: West of Substation Rd on East Main St

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© 2021 Intermountain Multiple Listing Service, Inc. (IMLS). Real estate listings held by brokerage firms other than Michael Ryan Real Estate are marked with the IMLS IDX logo and information about them includes the name of the listing brokerage. Information provided by IMLS is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Data last updated 2021-12-04T20:10:25.46.
www.michaelryanrealestate.com/homes/122607727
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142 Nielsen Ln Emmett, ID 83617

  • Price: $900,000
  • Status: Active
  • On Site: 44 Days
  • Updated: 42 min ago
  • MLS #: 98822938
12
Beds
6
Baths
0
½ Baths
1.4
Acres
4,400
SQFT
$205
$/SQFT
1950
Built
Neighborhood:
0 Not Applic.
County:
Gem
Area:
Emmett-Gem County - 1550
Elementary School:
Butte View
Middle School:
Emmett
High School:
Emmett
School District:
Emmett Independent District #221
Property Description
Five residential income units with significant upside potential. Possibility to subdivide to individual units; see Docs tab for details. 6% CAP Rate on Pro Forma income. Potential for annexation and subdivision. Incredible income opportunity under $1,000,000 -- Housing demand in Emmett has never been greater! Fantastic opportunity for rent appreciation/higher yields than most residential investments.

Directions: West of Substation Rd on East Main St
Exterior Features

Land Size 1 - 4.99 Acres Lot Size Length 383 Lot Size Width 153 Parking Spaces 10

Interior Features

Apx Above Grade Sq Ft 4400 Apx Below Grade Sq Ft 0 U1 Apx Sq Ft 1200 U2 Apx Sq Ft 1050 U3 Apx Sq Ft 720 U4 Apx Sq Ft 720 U5 Apx Sq Ft 720

Property Features

Actual Rent Income 45600 Age 51 - 80 Years Assoc Setup Transfer Fees 0 Association Fees 0 Association Frequency Not Applicable Auction YN No City Bus No Flood Ins Required YN No Home Owner Exempt YN No In Foreclosure YN No Irrigation District YN Yes Land Use 5+ Units Local Improvement Dist YN No Multifamily Type Other Potential Short Sale YN No Reo Bank Owned YN No Tax Year 2020 Taxes 3034 U1 Actual Monthly Rent 800 U1 Projected Monthly Rent 1400 U2 Actual Monthly Rent 900 U2 Projected Monthly Rent 1300 U3 Actual Monthly Rent 750 U3 Projected Monthly Rent 1100 U4 Actual Monthly Rent 750 U4 Projected Monthly Rent 1100 U5 Actual Monthly Rent 600 U5 Projected Monthly Rent 1100 Zoning A2

Courtesy of Rallens Realty Consultants.


© 2021 Intermountain Multiple Listing Service, Inc. (IMLS). Real estate listings held by brokerage firms other than Michael Ryan Real Estate are marked with the IMLS IDX logo and information about them includes the name of the listing brokerage. Information provided by IMLS is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Data last updated 2021-12-04T20:10:25.46.
 
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Michael Ryan Real Estate
3611 North Locust Grove Road
Meridian ID, 83646
Courtesy of Rallens Realty Consultants.