Discover a compelling investment opportunity in the heart of Nampa, just steps away from the bustling Downtown Historic District's array of restaurants & boutiques. This unique offering comprises two distinct buildings, complemented by 6 off-street parking spaces & a revenue-generating billboard with its own power meter. Building #1 is a turn-key, fully-occupied & renovated 4-plex, delivering immediate cash flow. Recently updated plumbing, water heaters, windows, roof & individual electrical meters. Building #2, a triplex, is currently undergoing a strategic renovation (through the sheetrock phase), providing an incredible opportunity to customize finishes & significantly boost your return. This building will feature a 2BD/1BA, a 1BD/1BA, & a studio/1BA. New roof in 2022. Purchase now to realize a greater profit margin and finish the development yourself. The price is set to increase with each completed phase. Upon full completion, the estimated ARV is $1.4M at a 7.5% CAP rate (current CAP is 5.5%).