128 N 8TH ST ST Montpelier, ID 83254

The home for sale at 128 N 8TH ST ST Montpelier, ID 83254 has been listed at $750,000 and has been on the market for 63 days.

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 youre 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 Montpeliers 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, its 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: Montpeliers 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 Montpeliers 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-its a gateway to Idahos unparalleled outdoor lifestyle and small-town community. Dont 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.

General Information

Building and Construction

• Roof:
• Exterior:
• Construction:
• Foundation Basement: d d

Garage and Parking

• Garage Type: No
• Garage Spaces: 0

Price History

Jan 08, 2025

$750,000

Just Listed

$140.19/sqft

LOVE THIS HOME?

Schedule a showing or ask a question.

Kristopher
Larson

435-414-8597

Kristopher
Larson

435-414-8597

se habla español

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Request Info

Schools

• Highschool: None/Other
• Jr High: None/Other
• Intermediate: None/Other
• Elementary: None/Other

Walk Score

65

Somewhat Walkable

Transit Score

0

Minimal Transit

Bike Score

56

Bikeable

Some errands can be accomplished on foot. Minimal public transit is available in the area. This area is Bikeable - it's convenient to use a bike for trips.

Other Property Info

• Area: ELKO
• Zoning:
• State: ID
• County: Bear Lake
• This listing is courtesy of: Dawson BinghamERA Brokers Consolidated (Ogden).

This data is updated on an hourly basis. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. If you need more information on this property please email kris@bestutahrealestate.com with the MLS number 2057474.

PUBLISHER'S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and Utah Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, family status, or national origin.