$1,599,900 Price Analysis    ♡   Caldwell, ID 83605 8 bed 8 bath 8,782 SqFt ($182/SqFt) 0.41 acre lot. Built 1937 Listed 2024-04-13 | Ⓧ USDA Ineligible due to price & location near Caldwell |
Historic downtown Caldwell Apartment building built by JR Simplot for his Caldwell operation managers back in the day.
This property has been cntinuously updated and meticulously cared f or and managed for 20+ years by current ownership.
9 units, 100% occupancy. Stable long term tenants. Convenient downtown Caldwell location. Easy freeway access. Units separately metered.
Presented by Ron Ramza at
Cornerstone Commercial Real Estate, Llc.
Property MLS #98906701 from IntermountainMLS
Bedrooms: 8
Total Bathrooms: 8
Full Bathrooms: 8
Full Bathrooms: 8
Disposal (All Units)
Stove/Range (All Units)
Refrigerator (All Units)
Washer/Dryer (All Units)
Laundry Features: Washer/Dryer Hookups (All Units)
Stove/Range (All Units)
Refrigerator (All Units)
Washer/Dryer (All Units)
Laundry Features: Washer/Dryer Hookups (All Units)
Cooling Features: Wall/Window Unit(s), Ductless/Mini Split
Heating Features: Ductless/Mini Split
Heating: Yes
Heating Features: Ductless/Mini Split
Heating: Yes
Flooring: Laminate
Basement Description: Daylight
Lot Description: 10000SF - .49, Irrigation
Lot Size Acres: 0.41
Lot Size Dimensions: 147x121
Lot Size Square Feet: 17860
Lot Size Acres: 0.41
Lot Size Dimensions: 147x121
Lot Size Square Feet: 17860
Parking Features: Detached
Parking Total: 14
Parking Total: 14
Association: Yes
Calculated Total Monthly Association Fees: 0
Calculated Total Monthly Association Fees: 0
Elementary School: Lincoln
Elementary School District: Caldwell School District #132
High School: Canyon Springs
High School District: Caldwell School District #132
Middle School: Jefferson
Middle or Junior School District: Caldwell School District #132
Elementary School District: Caldwell School District #132
High School: Canyon Springs
High School District: Caldwell School District #132
Middle School: Jefferson
Middle or Junior School District: Caldwell School District #132
Lincoln Elementary School is a public elementary school located approximately 0.4 miles away.
Map directions
Map directionsJefferson Middle School is a public middle school located approximately 1.5 miles away.
Map directions
Map directionsCaldwell Senior High School is a public high school located approximately 1.6 miles away.
Map directions
Map directionsNew Horizon is a private middle and high school located approximately 0.8 miles away.
Map directions
Map directionsNumber of Units: 9
Annual Tax Amount: 9132
Source Listing Status: Active
County: Canyon
Current Use: 5+ Units
Cap Rate: 5.5
Directions: I 84 to South N 10th avenue to E Arthur Street tp South on South 13th. Property on East side of 13th and Blaine.
Tax Year: 2023
Ownership: Fee Simple
Source Property Type: Residential Income
Source Neighborhood: DormanS Add
Parcel Number: r0122900000
Subdivision: DormanS Add
Zoning Description: City Caldwell Low Den Res
Property Subtype: Apartment
Source System Name: C2C
Source Listing Status: Active
County: Canyon
Current Use: 5+ Units
Cap Rate: 5.5
Directions: I 84 to South N 10th avenue to E Arthur Street tp South on South 13th. Property on East side of 13th and Blaine.
Tax Year: 2023
Ownership: Fee Simple
Source Property Type: Residential Income
Source Neighborhood: DormanS Add
Parcel Number: r0122900000
Subdivision: DormanS Add
Zoning Description: City Caldwell Low Den Res
Property Subtype: Apartment
Source System Name: C2C
Price Changed 2024-06-07
$1,599,900
IntermountainMLS
Listed 2024-04-13
$1,625,000
IntermountainMLS
$1,599,900
IntermountainMLS
Listed 2024-04-13
$1,625,000
IntermountainMLS
Net Operating Income: 89037
Operating Expense: 18363
Operating Expense: 18363
Total Square Feet Living: 8782
Year Built: 1937
Above Grade Finished Area Units: Square Feet
Below Grade Sqft Area Units: Square Feet
Building Area Total: 8782
Construction Materials: Frame
Living Area Units: Square Feet
Property Age: 87
Roof: Composition
Year Built: 1937
Above Grade Finished Area Units: Square Feet
Below Grade Sqft Area Units: Square Feet
Building Area Total: 8782
Construction Materials: Frame
Living Area Units: Square Feet
Property Age: 87
Roof: Composition
Electric: Unit 1 Separate Meter, Unit 2 Separate Meter, Unit 3 Separate Meter, Unit 4 Separate Meter, Unit 5 Separate Meter, Unit 6 Separate Meter, Unit 7 Separate Meter, Unit 8 Separate Meter
Sewer Connected
Cable Connected
Water Source: City Service
Sewer Connected
Cable Connected
Water Source: City Service
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.