Multi-Family: MLS #98900351 Boise, ID ^$ 1,845,000

Multi-Family: MLS #98900351

^$ 1,845,000

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Multi-Family: MLS #98900351

Name: address
Address: ID, 83704

Boise, ID, 83704

^$ 1,845,000

Bedrooms17 Baths9.0 Sq 6,703

Monthly Estimate*

^$ 12,888

Multi-Family Home for sale in Boise, ID

for $1,845,000 with 17 bedrooms and 9 full baths. This 6,703 square foot home was built in 1976.

Six fully leased homes 6 single family rentals. All fully leased and sold with tenants in place. Two homes in Meridian, two homes in Boise, and two homes in Caldwell. All 6 homes are fully rented and producing income. This is a great opportunity to purchase a fully running portfolio or round out an existing portfolio. Annual income is currently $116,040. Priced at a discount for the bulk purchase. Rent is currently a little under market but will be easily adjusted at rent renewals. Average term still on leases is just over 5 months.

Multi-Family Active

Price

^$ 1,845,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 10,726

Style

Year Built

1976

Town/City

Boise

County/Region

Ada

MLS | Web ID

98900351

Features

General

Heating Electric Forced Air Natural Gas

Cooling Central Air Some Units

Utilities Sewer Connected

Roof Composition

Appliances Disposal (Some Units)

HOA 0

Garage Spaces 3

Construction Materials Frame Wood Siding Vinyl Siding

Year Built 1976

Electric 0 Unit 1 Separate Meter Unit 2 Separate Meter Unit 3 Separate Meter Unit 4 Separate Meter Unit 5 Separate Meter Unit 6 Separate Meter

Property SubType Other

Tax Year 2022

Current Use Single Family

Percent Ownership Fee Simple

Gross Income 116404

Assoc Fee Paid Per Annually

County Ada

Net Operating Income 99186

Operating Expense 6127

New Construction N

Property Type Residential Income

HOA / Comm Assn Y

Attached Garage N

Subdivision Name Meridian Height

Garage Y/N Y

Status Active

Directions Call Agent

High School Centennial

City Boise

Buyer Agent Compensation 2.5

Senior Community Y/N N

High School District Boise School District #1

Total Units 6

MLS Area Boise W-Garden City - 0650

Waterfront Y/N N

Carport Y/N N

Listing Terms Cash Conventional

Elementary School McMillan

Property Attached Y/N N

Land Lease Y/N N

Tax Annual Amount 10726

Home Warranty Y/N N

Middle/Junior High School LkHazel Jr

Building Area Units Square Feet

Middle/Junior School District Boise School District #1

Elementary School District Boise School District #1

Total Actual Rent 9670

Cap Rate 5.38

Buyer Agent Compensation Type %

Exterior

Parking Features One Car Two Car Other Attached Finished Driveway

Lot Features 1 - 4.99 Acres Irrigation

Water Source City Service

Total Parking 9

Foundation Details Crawl Space

Spa N

Building Area Total 6703

Lot Size Units Acres

Covered Spaces 3

Open Parking Y/N Y

Interior

Air Conditioning Y/N Y

Heating Y/N Y

Fireplace Y/N N

Total Bedrooms 17

Below Grade Finished Area Unit Type Square Feet

Above Grade Finished Area Unit Type Square Feet

Total Baths 9

Living Area Units Square Feet

Internal Only

Street Number 1 10157

* Excluded Features

List By

Joseph Stone

Listing Agent

Team Realty

Broker

joseph@teamrealtyofidaho.com

Affordability Calculator

$13,782

Per Month

Monthly Principal & Interest: $12,888
Monthly Property Taxes: $894
Monthly Home Insurance: --

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Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Boise, ID

Average List Price ^$908,393

Percent of Sale Price 51%

About Boise, ID

229,250 Population

17% Since 2002

^$54,510 Median Income

37.21 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4571731 Elementary School

4571730 Middle School

Centennial High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/14/2024	$1,845,000		Listed Price

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*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the, Intermountain MLS.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the, Intermountain MLS. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 4/30/2024.

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Multi-Family: MLS #98900351

Multi-Family Home for sale in Boise, ID

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