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1648 & 1654 1st Ave S

Payette, ID 83661
  • $439,900
  • STATUS: Active
  • ON SITE: 13 Days
  • MLS #: 98941451
UPDATED: 20 min ago
$439,900
  • 8
    BEDS
  • N/A
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 3,095
    SQFT
  • $142
    $/SQFT
Neighborhood:
Type:
Manufactured Home
Built:
1925
County:

School Information

Elementary School:
Middle School:
High School:
School District:
Intermountain MLS logoCourtesy of RE/MAX Executives.

Description

GREAT INVESTMENT OPPORTUNITY! This bundle deal includes 3 separate properties with 3 different homes: a 2 bedroom 1 bath; a 3 bedroom, 1 bath; and a 3 bed, 2 bath manufactured home. Currently generating $2,400/month in rental income, with projected future income of $2,650/month. Annual expenses are only $6,000, making this an excellent cash flow opportunity. The two frame built homes have their own lot with the manufactured home straddling the two. The 3rd lot has nothing on it, offering potential for future growth or parking. Tenants are in place, so please DO NOT DISTURB. This is a rare chance to invest in a multi-property package with strong returns and room to grow. Don't miss out on this fantastic investment!

Directions: N on Hwy 95, E on 1st St S

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Intermountain MLS logo© 2025 Intermountain Multiple Listing Service, Inc. (IMLS). Real estate listings held by brokerage firms other than Jeremy Orton Real Estate Group | Keller Williams are marked with the IMLS IDX logo and information about them includes the name of the listing brokerage. Information provided by IMLS is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and 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. Data last updated 2025-04-17T12:10:26.38.
www.realestatetwinfalls.com/homes/162196094
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1648 & 1654 1st Ave S Payette, ID 83661

  • Price: $439,900
  • Status: Active
  • On Site: 13 Days
  • Updated: 20 min ago
  • MLS #: 98941451
8
Beds
4
Baths
0
½ Baths
N/A
Acres
3,095
SQFT
$142
$/SQFT
1925
Built
Neighborhood:
0 Not Applic.
County:
Payette
Area:
Payette - 1750
Elementary School:
Payette
Middle School:
Payette Lakes
High School:
Payette
School District:
Payette School District #371
Property Description
GREAT INVESTMENT OPPORTUNITY! This bundle deal includes 3 separate properties with 3 different homes: a 2 bedroom 1 bath; a 3 bedroom, 1 bath; and a 3 bed, 2 bath manufactured home. Currently generating $2,400/month in rental income, with projected future income of $2,650/month. Annual expenses are only $6,000, making this an excellent cash flow opportunity. The two frame built homes have their own lot with the manufactured home straddling the two. The 3rd lot has nothing on it, offering potential for future growth or parking. Tenants are in place, so please DO NOT DISTURB. This is a rare chance to invest in a multi-property package with strong returns and room to grow. Don't miss out on this fantastic investment!

Directions: N on Hwy 95, E on 1st St S
Exterior Features

Carport YN Yes Construction Materials Frame Fencing Partial Lot Features 1/2 - .99 AcreIrrigation Parking Features Carport Parking Total 6 Roof Composition

Interior Features

Above Grade Finished Area Units Square Feet Appliances Disposal (Some Units)Stove/Range (All Units)Refrigerator (Some Units)Washer/Dryer (Some Units) Below Grade Finished Area Units Square Feet Building Area Total 3095 Cooling Wall/Window Unit(s) Cooling YN Yes Flooring Vinyl Garage YN No Heating Forced AirNatural Gas Heating YN Yes Laundry Features Washer/Dryer Hookups (All Units)

Property Features

Association Fee 0 Current Use Single Family Electric Unit 1 Separate MeterUnit 2 Separate MeterUnit 3 Separate Meter Gas Unit 1 Separate MeterUnit 2 Separate MeterUnit 3 Separate Meter Listing Terms Cash Net Operating Income 22800 Operating Expense 6000 Ownership Fee Simple Property Sub Type Other Structure Type Manufactured House Tax Annual Amount 22557 Tax Legal Description See attached Tax Year 2023 Total Actual Rent 2400 Utilities Sewer ConnectedCable Connected Water Source City Service

Intermountain MLS logoCourtesy of RE/MAX Executives: 208-466-0002.


Intermountain MLS logo© 2025 Intermountain Multiple Listing Service, Inc. (IMLS). Real estate listings held by brokerage firms other than Jeremy Orton Real Estate Group | Keller Williams are marked with the IMLS IDX logo and information about them includes the name of the listing brokerage. Information provided by IMLS is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and 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. Data last updated 2025-04-17T12:10:26.38.
 
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Jeremy Orton Real Estate Group | Keller Williams
647 Filer Ave., Ste 101
Twin Falls ID, 83301
Intermountain MLS logoCourtesy of RE/MAX Executives.