Amazing opportunity to own & invest in SE Boise! Located just blocks away from BSU, and in close proximity to the Boise airport, Micron, the hospitals, & the lively Boise downtown scene, making this property ideal! This property has three separate apartments. All are 1 bedroom & 1 bath, with full kitchens. Each apartment has their own meter & the tenants pay for the gas & power utilities. All units have been updated within the last 10 years and the main water line from home to street has been replaced & updated. There are 2-3 parking spots behind the backyard in the alley & there is on-street parking in the front of the property. There is a new and convenient laundry facility just across the street on Broadway Ave. All 3 apartments are rented & the vacancy rate has been minimal over the last decade, due to it's incredible location! The cap rate is around 5.8% & has a potential of about 6.4%.
MLS# | 98934106 |
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Listing Type | For Sale |
Style | Town House |
Sub-Type | Resale |
Status | Pending |
Year | 1926 |
Days On Site | 26 |
Listing Provided By | Coldwell Banker Tomlinson | Alexandria Danilovitch |
Bed(s) | 3 |
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Bath(s) | 3 |
SQ Feet | 1,740 |
Basement | Y |
Units | 3 |
Zoning | R-2D |
Acreage | 0.14 |
State | ID |
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County | Ada |
City | Boise |
Zip Code | 83706 |
Area | Boise SE |
Community Name | Dundee |
School District | Boise School District #1 |
Elementary School | Boise School District #1 |
Middle School | Boise School District #1 |
High School | Boise School District #1 |
Listing VS Median (in Dundee) | |
Price: $569,990 low | high Med: $662,445 SqFt: 1,740 low | high Med: 2,502 $ / SqFt: $328 low | high Med: $276 On Site: 26 low | high Med: 55.000000 |