$699,900
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4 Beds
4 Baths
2,600 SqFt
SOLD DATE : 05/15/2024
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,600 sqft
Price per Sqft $269
Subdivision Eagleson Park A
MLS Listing ID 98906573
Sold Date 05/15/24
Bedrooms 4
HOA Y/N No
Originating Board IMLS 2
Year Built 1953
Annual Tax Amount $5,280
Tax Year 2023
Lot Size 6,534 Sqft
Acres 0.15
Property Description
Charming fourplex located in the desirable Depot Bench area, the perfect investment opportunity or to live in the freshly remodeled upper unit while renting the others for affordable living in the heart of Boise, minutes to BSU & downtown. This well maintained, all brick property has an excellent rental track record of long term tenants. Average rents at $1100 /month, offer an excellent cap rate of 7%, with 3 currently rented & the 4th unit vacant for easy showing access. These spacious 1 bed, 1 bath units have separate utility meters, with 2 garage stalls, a carport & additional driveway parking available plus a common area in inviting backyard. The character will make this property stand out to tenants, with original hardwoods in the the upper units, fireplace featuring a brick surround & stubbed for a gas insert. Updates include tankless water heaters in the lower units, fresh exterior paint, & one of the lower units was recently remodeled. Perfect opportunity for BSU student housing, near all amenities.
Location
State ID
County Ada
Area Boise Bench - 0400
Zoning R-1C
Direction From Vista, W on Nez Perce, S on Hervey.
Interior
Heating Baseboard, Natural Gas
Fireplace No
Appliance Stove/Range (All Units), Refrigerator (Some Units), Washer/Dryer (No Units)
Exterior
Garage Spaces 2.0
Community Features 2-4 Units
Utilities Available Sewer Connected
Total Parking Spaces 6
Building
Lot Description Standard Lot 6000-9999 SF
Faces From Vista, W on Nez Perce, S on Hervey.
Water City Service
Structure Type Brick,Frame
New Construction No
Schools
Elementary Schools Whitney
High Schools Borah
School District Boise School District #1
Others
Tax ID R2024302995
Ownership Fee Simple
Acceptable Financing Cash, Conventional, FHA, Private Financing Available, VA Loan
Listing Terms Cash, Conventional, FHA, Private Financing Available, VA Loan
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2959 N Eagle Rd Suite 115, Meridian, Idaho, 83646, United States