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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!
DAYS ON MARKET | 131 | LAST UPDATED | 12/6/2024 |
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TRACT | Charter Pointe | YEAR BUILT | 2006 |
COMMUNITY | Boise South - 0500 | COUNTY | Ada |
STATUS | Active | PROPERTY TYPE(S) | Multi Family |
Elementary School | Desert Sage |
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Jr. High School | LkHazel Jr |
High School | Mountain View |
ADDITIONAL DETAILS | |
AIR | Central Air |
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AIR CONDITIONING | Yes |
APPLIANCES | Cooktop, Disposal, Range, Refrigerator |
AREA | Boise South - 0500 |
CONSTRUCTION | Stucco |
HEAT | Forced Air, Natural Gas |
HOA DUES | 395|Monthly |
SUBDIVISION | Charter Pointe |
TAXES | 3957.4 |
UTILITIES | Sewer Connected, Cable Connected |
WATER | Public |
SATELLITE VIEW |
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