Income Producing Home or Duplex for Sale 524/526 East D Street, Moscow, ID 83843 Description: Three bedroom, one bathroom home with 3 bedroom apartment for extra income for sale. Upper level home is beautifully updated, large open living space with lots of built-ins and character. Hardwood floors, bright and sunny kitchen, large living room with second family room. Perched at the top of a hill with expansive northern view of the Moscow Mountain range. Upper unit is approximately 1700 square feet. Lower unit is bright daylight basement with three bedrooms and a ¾ bathroom. Approximately 1200 square feet of living space. Open concept floor plan. Bedrooms have individually keyed doors for tenant privacy. Easily rents every year. Large laundry room. Lots of extra storage. The home sits on a 10,400 ft2 lot zoned R-3. Property includes a second 10,400 ft2 lot also zoned R-3 with D Street frontage. Total land included in the sale is 20,800 ft2 all zoned R-3. Minimum lot size for a duplex in R-3 zoning is 7000 ft2 . Possible additional units could be built in this rental area of Moscow. Financials: Upper Unit Market Rent: $1500 (currently owner occupied) Lower Unit Market Rent: $1020 (leased through 5/31/17) Total Monthly Income $2520 Property Taxes $225 Insurance $50 WSG $150 (owner pays) Avista $198 (owner pays) Total Monthly Expenses $623 Net Monthly Income $1897 Annual NOI $22,764 Market CAP 7.5% $303,520 R-3 Lot $45,000 Total Value $348,520 Asking Price $298,000
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