ID > Montpelier
Montpelier, ID 83254,128 N 8TH ST ST
Montpelier, ID 83254,128 N 8TH ST ST
Montpelier, ID 83254,128 N 8TH ST ST
Montpelier, ID 83254,128 N 8TH ST ST
Montpelier, ID 83254,128 N 8TH ST ST
Montpelier, ID 83254,128 N 8TH ST ST
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Brett Devereaux

Brett Devereaux

+1(909) 554-0646
$ 719,000
Est. payment | /mo

10 Beds

9 Baths

5,350 SqFt

Save
$ 719,000
Est. payment | /mo
Save

10 Beds

9 Baths

5,350 SqFt

Key Details

Property Type Multi-Family

Sub Type > 4 Units

Listing Status Active

Purchase Type For Sale

Square Footage 5,350 sqft

Price per Sqft $134

MLS Listing ID 2057474

Bedrooms 10

Construction Status Blt./Standing

HOA Y/N No

Year Built 1917

Annual Tax Amount $3,617

Lot Size 10,018 Sqft

Acres 0.23

Lot Dimensions 0.0x0.0x0.0

Property Sub-Type > 4 Units

Property Description

For Sale: Unique 7-Plex Investment Property in Montpelier, Idaho Discover an incredible opportunity to own a well-maintained 7-plex in the charming mountain town of Montpelier, Idaho. Nestled in the heart of Bear Lake County, this property combines small-town charm with income-generating potential. Whether you're an investor or looking to diversify your portfolio, this property offers the perfect mix of long-term stability and short-term rental income. Property Features Layout: Upstairs Units 3, 4, and 5. Unit 3 is a 2 Bed 1 Bath. Unit 4 is 1 Bed 1 Bath. Unit 5 is 1 Bed 1 Bath. Main Floor Units 1 and 2. Both are 2 Bed 2 Bath Basement Units 6 and 7 Both 1 Bed 1 Bath for a total of 10 Beds 9 Baths 4 Long-Term Rentals Each unit is designed for tenant comfort and practicality, making it ideal for Montpelier's long-term residents. These units are consistently rented, providing steady and reliable income. 3 Fully Furnished Short-Term Rentals Perfect for travelers and adventurers exploring Montpelier and the surrounding attractions, these turnkey units are tastefully furnished to create a cozy and welcoming experience. Whether guests are visiting for skiing, hiking, or taking in the beauty of Bear Lake, these rentals cater to a variety of needs. On-Site Laundry Facility The property includes two coin-operated washers and two coin-operated dryers, bringing in an additional $100-$200 monthly. While this revenue is modest, it's a convenient amenity for both long-term tenants and short-term guests. Prime Location Located in Montpelier, a gateway to outdoor recreation and just a short drive from the iconic Bear Lake, this property is ideally situated to attract year-round visitors. Its location offers additional benefits: Less Than 2 Blocks from the New Temple: Located just down a quiet road, this property is perfectly positioned for visitors and residents looking for convenient access to the temple. Nearby Amenities: Adjacent to a market, pizza restaurant, and hardware store, with an ice cream shop within walking distance, this property makes daily living and guest stays effortless and enjoyable. Outdoor Adventures: Montpelier's proximity to Bear Lake, local ski areas, snowmobile trails, and hiking spots ensures appeal to nature enthusiasts. Historical Charm: The Oregon Trail Center draws families and history buffs eager to experience Montpelier's rich heritage. Additional Details Low Maintenance Property: Recent updates ensure the property is move-in ready for tenants and guests alike. Ample Parking: Dedicated parking for all units, with additional space for guest convenience. Income Potential: A proven track record of consistent occupancy, with room to grow revenue through marketing the short-term rentals. This property is more than just a smart investment-it's a gateway to Idaho's unparalleled outdoor lifestyle and small-town community. Don't miss your chance to own a piece of Montpelier and capitalize on its growing popularity as a tourist destination and a great place to call home.

Location

State ID

County Bear Lake

Area Elko

Interior

Fireplace No

Exterior

View Y/N No

Present Use Residential

Total Parking Spaces 14

Private Pool No

Building

New Construction No

Construction Status Blt./Standing

Schools

Elementary Schools None/Other

Middle Schools None/Other

High Schools None/Other

Others

Senior Community No

Tax ID RPM4640001010A

Listed by ERA Brokers Consolidated (Ogden)

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agent
Brett Devereaux

Agent | License ID: 10740745-SA00

+1(909) 554-0646 | brett.devereaux@theperry.group

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128 N 8TH ST ST