Sold

Price Unknown

6680 Lincoln St, Bonners Ferry, ID 83805

8beds

4baths

6,800sqft

Multi Family

Built in 1969

-- sqft lot

$775,400 Zestimate^®

$--/sqft

$1,097 Estimated rent

Home value

$775,400

$651,000 - $923,000

$1,097/mo

Zestimate^® history

Owner options

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$1,097/mo

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$1,097/mo

Rent Zestimate^®

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What's special

Investors take note! Great location for this in town 2 building 8 plex with a cap rate of approximately 8%. Current rents are under market and with a slight increase will get you in the 9%+ cap rate range. Put your money to work for YOU! All apartments are 2 bedroom 1 bath units sitting on a nice sized .71 ac. lot. There is a coin op building that could be increased in size with more washer and dryer units. Storage building in the rear stays with property! Great rental history with tenants ranging in times of 6 years, 7 years, 10, 15, 20+ and 35+ years! Income and expenses are available to qualified clients. Put this one on your list!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 4

Rooms

Room types: Unit 2 Living Room, Unit 2 Dining Room, Unit 3 Living Room, Unit 3 Dining Room, Unit 1 Kitchen, Unit 2 Kitchen, Unit 3 Kitchen, Unit 4 Kitchen, Unit 5 Kitchen, Unit 1 Dining Room, Unit 4 Living Room, Unit 4 Dining Room, Unit 5 Living Room, Unit 5 Dining Room, Utility Room

Heating

Electric

Appliances

Included: Unit 1 Refrigerator, Unit 2 Refrigerator, Unit 3 Refrigerator, Unit 4 Refrigerator, Unit 5 Refrigerator, Unit 1 Stove, Unit 2 Stove, Unit 3 Stove, Unit 4 Stove, Unit 5 Stove
Laundry: Coin Operated Washer/Dryer

Features

High Speed Internet
Windows: Aluminum Frames, Double Pane Windows, Insulated Windows, Vinyl
Basement: Slab

Interior area

Total structure area: 6,800
Total interior livable area: 6,800 sqft
Finished area above ground: 6,800
Finished area below ground: 0

Property

Parking

Parking features: On Street, Open
Has uncovered spaces: Yes

Features

Levels: One
Stories: 1
Entry location: Unit 1: First Level,Unit 2: First Level,Unit 3: First Level,Unit 4: First Level,Unit 5: First Level

Lot

Size: 0.71 Acres
Features: City Lot, 5 to 10 Miles to City/Town, 1 Mile or Less to County Road, Landscaped, Level

Details

Additional structures: Shed(s)
Parcel number: RPB0420001007AA

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Wood Siding
Foundation: Slab
Roof: Composition

Condition

Resale
New construction: No
Year built: 1969

Utilities & green energy

Gas: To Property Line
Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Phone Connected, Garbage Available

Community & HOA

Community

Subdivision: Id

HOA

Has HOA: No

Location

Region: Bonners Ferry

Financial & listing details

Annual tax amount: $3,452
Date on market: 5/31/2023
Ownership: Fee Simple
Total actual rent: 3450
Electric utility on property: Yes
Road surface type: Paved

Price history

Date	Event	Price
9/6/2023	Sold	--
Source: SELMLS #20231370 Report a problem
6/5/2023	Pending sale	$775,000$114/sqft
Source: SELMLS #20231370 Report a problem
5/31/2023	Listed for sale	$775,000$114/sqft
Source: SELMLS #20231370 Report a problem