Description
Extremely well located 9 units in North Boise! Most of the unit interiors have been renovated recently and rents are dramatically under market. This asset is zoned R-1C which conditionally allows 20 units (Buyer to verify with City). The property has mature landscaping on a little over 1 acre. The 9 units are divided between four duplexes and one completely remodeled A-frame house with a fenced in backyard. Each unit has washer and dryer hookups and machines are owned by the residents. The property is always full and residents love Catalpa Park across the street, living on the City Bus Line and the 10 min drive into Downtown Boise. All duplexes have low-maintenance vinyl siding that is in great shape and the A-frame was painted last year. There is additional income potential with a large vacant storage building with electricity. Price is based off of proforma rents and expenses, see flyer for breakdown. Showings scheduled with accepted offer. Please do not disturb residents.
Directions: Catalpa Drive
-
0BEDS
-
1.02ACRES
-
0BATHS
-
01/2 BATHS
-
6,992SQFT
-
$357$/SQFT
School Information
Courtesy of Kw Commercial.Description
Extremely well located 9 units in North Boise! Most of the unit interiors have been renovated recently and rents are dramatically under market. This asset is zoned R-1C which conditionally allows 20 units (Buyer to verify with City). The property has mature landscaping on a little over 1 acre. The 9 units are divided between four duplexes and one completely remodeled A-frame house with a fenced in backyard. Each unit has washer and dryer hookups and machines are owned by the residents. The property is always full and residents love Catalpa Park across the street, living on the City Bus Line and the 10 min drive into Downtown Boise. All duplexes have low-maintenance vinyl siding that is in great shape and the A-frame was painted last year. There is additional income potential with a large vacant storage building with electricity. Price is based off of proforma rents and expenses, see flyer for breakdown. Showings scheduled with accepted offer. Please do not disturb residents.
Directions: Catalpa Drive
© 2022 Intermountain Multiple Listing Service, Inc. (IMLS). Real estate listings held by brokerage firms other than Idaho Real Estate Advisors | Silvercreek Realty Group 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 2022-06-30T00:10:55.427.