Exceptional Investment Opportunity in South Boise - 4-Plex with Strong Returns Discover this well-maintained 4-plex in the highly desirable South Boise area, surrounded by established single-family homes. Each of the four units boasts a spacious **3-bedroom, 2-bathroom layout**, making it a sought-after choice for tenants and ensuring consistent occupancy. With a **5.3% CAP rate** and a stable rent history, this property offers reliable cash flow for savvy investors. Exterior maintenance is **handled by the owners' association**, making it incredibly easy to manage and ideal for those seeking a hands-off investment. Located in a prime neighborhood close to amenities, schools, and parks, this property combines the benefits of a great location with the financial security of a proven income stream. Don't miss out on this rare opportunity to own a high-performing multifamily property in South Boise!
Mls | 98930157 |
---|---|
Listing Type | For Sale |
Style | Attachd |
Hoadues | $395 |
Subtype | Resale |
Status | Active |
Year | 2006 |
Days On Site | 10 |
Listing Provided By | RE/MAX Advisors | Darrin Jaszkowiak |
Beds | 12 |
---|---|
Baths | 8 |
Sq Feet | 4,712 |
Units | 4 |
State | ID |
---|---|
County | Ada |
City | Boise |
Zip Code | 83709 |
Area | Boise South |
Community Name | Charter Pointe |
School District | West Ada School District |
Elementary School | West Ada School District |
Middle School | West Ada School District |
High School | West Ada School District |
Listing VS Median (in Charter Pointe) | |
Price: $950,000 low | high Med: $405,000 SqFt: 4,712 low | high Med: 1,736 $ / SqFt: $202 low | high Med: $233 On Site: 10 low | high Med: 250.000000 |