$850,000 Price Analysis    ♡   Boise, ID 83704 8 bed 4 bath 3,330 SqFt ($255/SqFt) 0.34 acre lot. Built 1977 Listed 2024-04-30, Taxes $4,797 | Ⓧ USDA Ineligible due to price & location near Boise |
Rare Find 4 Pl ex Income Property.
Well maintained apartments with approximately 820 sq/ft per unit (middle units slightly larger). This is an astunding opportunity for a 1031 exchange or an investor looking to grow their portfolio.
6.8% current CAP with potential for well over 7% CAP. This Parcel will be sold in conjunction with Parcel #R7334210950 for a total of 8 units. Don't miss this amazing opportunity. BTVA.
Presented by Joseph Ryther at
Keller Williams Realty Boise.
Property MLS #98908582 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: R7334210960
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: R7334210960
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 | $335,600 + $91,400 $427,000 | $4,256 |
| 2019 | $256,300 + $106,400 $362,700 | $4,644 |
| 2018 | $193,400 + $87,500 $280,900 | $3,989 |
| 2017 | $153,700 + $79,800 $233,500 | $3,526 |
| 2016 | $152,000 + $56,000 $208,000 | $3,218 |
| 2015 | $133,800 + $51,000 $184,800 | $2,965 |
| 2014 | $128,900 + $45,900 $174,800 | $2,803 |
| 2013 | $112,800 + $37,400 $150,200 | $2,624 |
| 2012 | $96,700 + $34,000 $130,700 | $2,349 |
| 2010 | $104,800 + $34,000 $138,800 | $2,836 |
| 2009 | $177,300 + $52,000 $229,300 | $3,058 |
| 2009 | $153,700 + $34,400 $188,100 | $3,058 |
| 2008 | $188,400 + $76,000 $264,400 | $3,223 |
| 2006 | $184,000 + $80,000 $264,000 | $3,160 |
Listed 2024-04-30
$850,000
IntermountainMLS
$850,000
IntermountainMLS
Net Operating Income: 46695
Operating Expense: 11500
Operating Expense: 11500
Total Square Feet Living: 3330
Year Built: 1977
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: 47
Roof: Composition
Year Built: 1977
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: 47
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
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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.