Description
Opportunity to purchase a market-leading multifamily investment property generating $5,200 in monthly income resulting in a 7.6% Cap Rate. Seller is willing to continue managing the property in an effort to provide a stress-free, turn-key passive income stream. Property has been recently renovated so maintenance costs will be minimal going forward. This listing is part of a collection of four investment properties on the market owned by the same Seller - please inquire if theres interest in buying the aggregate group. In addition to the elite financials, the property is located in the heart of Caldwells Historical Steunenberg Dist, 1-block away from the College of Idaho. The property has been completely renovated with over $50,000 in new upgrades consisting of new flooring, water heater, interior & exterior paint, fixtures, sprinkler system & appliances. This is an impressive income property to add to your portfolio.
Directions: From downtown Caldwell SE on Cleveland; NE on 17th - property located on SE corner of 17th & Blaine
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6BEDS
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0.22ACRES
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3BATHS
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01/2 BATHS
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2,743SQFT
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$283$/SQFT
School Information
Courtesy of Syme Real Estate.Description
Opportunity to purchase a market-leading multifamily investment property generating $5,200 in monthly income resulting in a 7.6% Cap Rate. Seller is willing to continue managing the property in an effort to provide a stress-free, turn-key passive income stream. Property has been recently renovated so maintenance costs will be minimal going forward. This listing is part of a collection of four investment properties on the market owned by the same Seller - please inquire if theres interest in buying the aggregate group. In addition to the elite financials, the property is located in the heart of Caldwells Historical Steunenberg Dist, 1-block away from the College of Idaho. The property has been completely renovated with over $50,000 in new upgrades consisting of new flooring, water heater, interior & exterior paint, fixtures, sprinkler system & appliances. This is an impressive income property to add to your portfolio.
Directions: From downtown Caldwell SE on Cleveland; NE on 17th - property located on SE corner of 17th & Blaine
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