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Listed with Amherst Madison
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Discover an exceptional investment opportunity just 300 feet from the College of Idaho, in the highly sought-after Steunenberg Historic District of Caldwell. This well-maintained, fully occupied property offers strong cash flow with gross rents of $3,400 per month. The building consists of two spacious 3-bed/1-bath units and one 2-bed/1-bath unit, providing a stable and reliable tenant base. Fresh exterior paint March 2025. Unit 1910 has recently undergone updates, including new carpet, vinyl flooring, fresh paint, and modern fixtures. With a total of 11 parking spaces (8 on-site and 3 off-street), the property ensures convenient parking for all tenants. Additionally, this property is located within a rent-appreciation zone, offering the potential for long-term value growth. The surrounding area is rapidly growing with new amenities, further increasing the property's desirability. Don't miss out on this prime location offering both immediate cash flow and future appreciation potential.
DAYS ON MARKET | 11 | LAST UPDATED | 3/25/2025 |
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TRACT | Washington Heig | YEAR BUILT | 1922 |
COMMUNITY | Caldwell SW - 1280 | COUNTY | Canyon |
STATUS | Active | PROPERTY TYPE(S) | Multi Family |
Elementary School | Van Buren |
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Jr. High School | Jefferson |
High School | Caldwell |
ADDITIONAL DETAILS | |
AIR | Central Air, Wall/Window Unit(s) |
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AIR CONDITIONING | Yes |
APPLIANCES | Cooktop, Range, Refrigerator |
AREA | Caldwell SW - 1280 |
CONSTRUCTION | Frame |
HEAT | Baseboard, Forced Air, Natural Gas |
LOT | 9148 sq ft |
LOT DIMENSIONS | 120x75 |
SUBDIVISION | Washington Heig |
TAXES | 3969.44 |
UTILITIES | Sewer Connected, Cable Connected |
WATER | Public |
SATELLITE VIEW |
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