Bonners Ferry, ID

Bonners Ferry 2 BR 2 BA, Multifaceted Investment Opportunity!

Price: $650,000
City: Bonners Ferry
State: ID
Amenities: Storage
Bathrooms: 2
Bedrooms: 2
Fee: No
Mls Id: 20192953
Seller Type: By Owner
Provided By: ListedBuy


Multifaceted investment opportunity! This existing 4 unit building is a consistent money maker with county pre-approval to build a separate NEW six unit building on the same parcel! Use the current plans on file for the six-plex or build to your own design. Each unit in existing building with 4 units has 2 full bedrooms with a potential 3rd non-conforming bedroom or office, 2 bathrooms! Each unit has a master with en-suit bathroom and a nice-sized closet. WD hook-ups in all units. 1st level units each have private covered patios, the upper units have balconies. Each unit rents for $900 a mo, total monthly income of $3600-CAP ESTIMATE 6.2. Owner pays w/s/g for tenants, but each unit has separate metered electric and is paid for by tenant. The grounds are quiet and serene with mature trees, a 12'x36' storage shed, and approximately twelve car parking lot. Prime location behind Safeway, next to Bonner's Ferry Elementary, Middle, and High Schools.

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