Chase Bungalows | 307 N 9th St
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Chase Bungalows 307 N 9th St
12 Unit Apartment Building $1,511,880 CAD ($125,990 CAD/Unit) 5.69% Cap Rate Payette, ID 83661
Executive Summary
PRICE REDUCED AGAIN! Fulfill your 1031 exchange or cashflow investment goals all in one property. You can own a piece of history as well as a fantastic stabilized investment opportunity. A lovely 2 bedroom townhome, ten classic, always rented apartments with a majestic brick home on the National Historical Register. The David C. Chase Home, built with style in 1893, features stained glass, a turret with weather vane, pristine woodwork, staircases and banisters are intact. This fine home can be your residence, several offices, a bed and breakfast, event center, restaurant, or whatever you have always wanted. The chase house is approximately 2941 sf on two levels plus a small unfinished basement area and an unfinished attic loft space. There are nine 1 bed/1 bath apartments, one 2 bed/1 bath apartment and one 2 bed/1.5 bath Townhome (two story separate building) all located on half an acre with majestic trees and endless possibilities.
Property Facts
Price | $1,511,880 CAD | Building Class | C |
Price Per Unit | $125,990 CAD | Lot Size | 0.50 AC |
Sale Type | Investment | Building Size | 7,619 SF |
Cap Rate | 5.69% | Average Occupancy | 92% |
Sale Conditions | 1031 Exchange | No. Stories | 3 |
No. Units | 12 | Year Built/Renovated | 1893/2017 |
Property Type | Multifamily | Parking Ratio | 1.58/1,000 SF |
Property Subtype | Apartment |
Price | $1,511,880 CAD |
Price Per Unit | $125,990 CAD |
Sale Type | Investment |
Cap Rate | 5.69% |
Sale Conditions | 1031 Exchange |
No. Units | 12 |
Property Type | Multifamily |
Property Subtype | Apartment |
Building Class | C |
Lot Size | 0.50 AC |
Building Size | 7,619 SF |
Average Occupancy | 92% |
No. Stories | 3 |
Year Built/Renovated | 1893/2017 |
Parking Ratio | 1.58/1,000 SF |
Unit Mix Information
Description | No. Units | Avg. Rent/Mo | SF |
---|---|---|---|
1+1 | 9 | - | - |
2+1 | 1 | - | - |
2+1.5 | 1 | - | - |
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Walk Score ®
Very Walkable (70)
zoning
Zoning Code | MF |
MF |
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Chase Bungalows | 307 N 9th St
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