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253-691-8561
Terrafin Real Estate
107 E 6th, Troy, ID 83871
- $439,000
- 9
- BD
- 5
- BA
- 3,960
- SqFt
Courtesy of Magenta & Co.. Main: 208-310-7346
- List Price
- $439,000
- Status
- ACTIVE
- Days on Market
- 39
- Price Change
- ▼ $20,000 1790653274
- MLS#
- 98998894
- Year Built
- 1981
- Bedrooms
- 9
- Bathrooms
- 5
- Living Area
- 3,960
- Lot Size
- 6,534
- Acres
- 0.15
- Subdivision
- 0 Not Applic.
Property Description
INVESTMENT OPPORTUNITY in quaint Troy, Idaho! Located just 11 miles from Moscow, home to the University of Idaho, Schweitzer Engineering Laboratories (SEL), and the renowned Farmers Market, voted among the Top 10 in the nation by Sunset Magazine. This 5-unit apartment building offers 3,960 sq ft and was built in 1981. Units 1-4 each feature 2 bedrooms and 1 bath, while Unit 5 offers 1 bedroom and 1 bath. The property generates $3,420/month in rental income, plus additional revenue potential from the coin-operated washer/dryer laundry facility. All units have separate electrical meters. An abundance of off-street parking, a corner-lot location, quality local schools, and convenient small-business retail amenities add to the appeal. All leases have been renewed, with varying expiration dates in spring/summer 2027, providing an established tenant base and near-term income stability. A solid opportunity to own a multi-family asset in a charming Palouse community with easy access to Moscow! Great investment value!
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Additional Information
- Taxes
- $2,123
- Heating
- Baseboard, Electric, Forced Air
- Exterior Construction
- Wood Siding
- Roof
- Composition
- School District
- Troy School District #287
- Elementary School
- Troy
- Middle School
- Troy
- High School
- Troy
Information courtesy of Intermountain Multiple Listing Service. Information provided by IMLS is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers' personal, non‐commercial use, 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. All listings provided by IMLS are marked with the official IMLS IDX icon.