$850,000 Price Analysis    ♡   Boise, ID 83704 8 bed 4 bath 3,330 SqFt ($255/SqFt) 0.34 acre lot. Built 1978 Listed 2024-04-30, Taxes $4,797 | Ⓧ USDA Ineligible due to price & location near Boise |
Rare Find 4 Plex Income Property.
Well maintained apartments with approximately 820 sq/ft per unit (middle units slightly larger). This is an impressive opportunity for a 1031 exchange or an investor looking to grow their portfolio.
6.8% current CAP with potential fr well over 7% CAP. This Parcel will be sold in conjunction with Parcel #R7334210960 for a total of 8 unit s. Don't miss this amazing opportunity. BTVA.
Presented by Joseph Ryther at
Keller Williams Realty Boise.
Property MLS #98908581 from IntermountainMLS
Bedrooms: 8
Total Bathrooms: 4
Full Bathrooms: 4
Full Bathrooms: 4
Disposal (All Units)
Stove/Range (All Units)
Refrigerator (All Units)
Washer/Dryer ()
Laundry Features: Washer/Dryer Hookups (All Units)
Stove/Range (All Units)
Refrigerator (All Units)
Washer/Dryer ()
Laundry Features: Washer/Dryer Hookups (All Units)
Cooling Features: Wall/Window Unit(s), All Units
Heating Features: Baseboard, Electric
Heating: Yes
Heating Features: Baseboard, Electric
Heating: Yes
Flooring: Laminate, Vinyl
Fencing: Partial, Metal, Wood
Covered Spaces: 4
Garage Spaces: 4
Parking Features: Four Car, Carport
Parking Total: 4
Garage Spaces: 4
Parking Features: Four Car, Carport
Parking Total: 4
Lot Description: 10000SF - .49
Lot Size Acres: 0.34
Lot Size Dimensions: 210x70
Lot Size Square Feet: 14810
Lot Size Acres: 0.34
Lot Size Dimensions: 210x70
Lot Size Square Feet: 14810
Association: No
Calculated Total Monthly Association Fees: 0
Calculated Total Monthly Association Fees: 0
Elementary School: Summerwind
Elementary School District: West Ada School District
High School: Centennial
High School District: West Ada School District
Middle School: LwlScottJr
Middle or Junior School District: West Ada School District
Elementary School District: West Ada School District
High School: Centennial
High School District: West Ada School District
Middle School: LwlScottJr
Middle or Junior School District: West Ada School District
Summerwind Math & Science is a public elementary school located approximately 0.7 miles away.
Map directions
Map directionsCentennial High School is a public high school located approximately 2.3 miles away.
Map directions
Map directionsLowell Scott Middle School is a public middle school located approximately 3 miles away.
Map directions
Map directionsCole Valley Christian Junior H is a private middle school located approximately 0.2 miles away.
Map directions
Map directionsGross Income: 58200
Number of Units: 4
Annual Tax Amount: 6758
Source Listing Status: Active
County: Ada
Current Use: 2-4 Units
Cap Rate: 6.8
Directions: North on Maple Grove from Ustick. On Left
Tax Year: 2023
Ownership: Fee Simple
Source Property Type: Residential Income
Source Neighborhood: Randall Acres S
Parcel Number: R7334210950
Subdivision: Randall Acres S
Zoning Description: R-2
Property Subtype: Quadruplex
Source System Name: C2C
Source Listing Status: Active
County: Ada
Current Use: 2-4 Units
Cap Rate: 6.8
Directions: North on Maple Grove from Ustick. On Left
Tax Year: 2023
Ownership: Fee Simple
Source Property Type: Residential Income
Source Neighborhood: Randall Acres S
Parcel Number: R7334210950
Subdivision: Randall Acres S
Zoning Description: R-2
Property Subtype: Quadruplex
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $530,100 + $180,500 $710,600 | $4,797 |
| 2021 | $419,200 + $119,300 $538,500 | $4,721 |
| 2020 | $338,800 + $91,400 $430,200 | $4,288 |
| 2019 | $259,300 + $106,400 $365,700 | $4,683 |
| 2018 | $196,200 + $87,500 $283,700 | $4,029 |
| 2017 | $156,300 + $79,800 $236,100 | $3,565 |
| 2016 | $154,500 + $56,000 $210,500 | $3,256 |
| 2015 | $150,500 + $51,000 $201,500 | $3,233 |
| 2014 | $145,100 + $45,900 $191,000 | $3,063 |
| 2013 | $126,900 + $37,400 $164,300 | $2,870 |
| 2012 | $108,800 + $34,000 $142,800 | $2,566 |
| 2010 | $117,900 + $34,000 $151,900 | $2,872 |
| 2009 | $179,700 + $52,000 $231,700 | $3,090 |
| 2009 | $156,100 + $34,400 $190,500 | $3,090 |
| 2008 | $190,900 + $76,000 $266,900 | $3,253 |
| 2006 | $186,400 + $80,000 $266,400 | $3,189 |
Listed 2024-04-30
$850,000
IntermountainMLS
Sold 1978-05-01
$0
Public Record
$850,000
IntermountainMLS
Sold 1978-05-01
$0
Public Record
Net Operating Income: 46695
Operating Expense: 10700
Operating Expense: 10700
Total Square Feet Living: 3330
Year Built: 1978
Above Grade Finished Area Units: Square Feet
Below Grade Sqft Area Units: Square Feet
Building Area Total: 3330
Construction Materials: HardiPlank Type
Foundation Details: Crawl Space
Living Area Units: Square Feet
Property Age: 46
Roof: Composition
Year Built: 1978
Above Grade Finished Area Units: Square Feet
Below Grade Sqft Area Units: Square Feet
Building Area Total: 3330
Construction Materials: HardiPlank Type
Foundation Details: Crawl Space
Living Area Units: Square Feet
Property Age: 46
Roof: Composition
Electric: Unit 1 Separate Meter, Unit 2 Separate Meter, Unit 3 Separate Meter, Unit 4 Separate Meter
Gas: Unit 1 Separate Meter, Unit 2 Separate Meter, Unit 3 Separate Meter, Unit 4 Separate Meter
Sewer Connected
Water Source: City Service
Gas: Unit 1 Separate Meter, Unit 2 Separate Meter, Unit 3 Separate Meter, Unit 4 Separate Meter
Sewer Connected
Water Source: City Service
Click Thumbnail Images To View Full Size
 |  |  |  |  |
 |  |  |  |  |
 |  |  |  |  |
 |  |  |  |  |
 |  |  | ||
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.