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603 N 23rd St

Boise, ID 83702
  • $849,900
  • STATUS: Active
  • ON SITE: 66 Days
  • MLS #: 98925338
$849,900
  • 4
    BEDS
  • 0.13
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
  • 2,613
    SQFT
  • $325
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1939
County:
Ada

School Information

Elementary School:
Middle School:
High School:
School District:
Intermountain MLS logoCourtesy of Powerhouse Real Estate Group.

Description

Fully leased North End multiplex on a corner lot for a turn-key investment opportunity with professional property management in place. Five units with market low vacancy rates, plus a two-car, detached garage, leased as a storage space. Three units on upper level: One 1 bed/1 bath, and two studios. Two units on lower level: One 1 bed/ 1 bath, and one 2 bed/ 1 bath. Every unit refreshed at lease expirations, shared tenant laundry for convenience, new garage roof in 2023 and new sewer line in 2021.

Directions: Corner of N 23rd and W Pleasanton Ave

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Intermountain MLS logo© 2024 Intermountain Multiple Listing Service, Inc. (IMLS). Real estate listings held by brokerage firms other than Idaho Life Real Estate are marked with the IMLS IDX logo and information about them includes the name of the listing brokerage. Information provided by IMLS is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Data last updated 2024-12-06T00:10:19.387.
www.idaholife.com/homes/156051967
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603 N 23rd St Boise, ID 83702

  • Price: $849,900
  • Status: Active
  • On Site: 66 Days
  • MLS #: 98925338
4
Beds
5
Baths
0
½ Baths
0.13
Acres
2,613
SQFT
$325
$/SQFT
1939
Built
Neighborhood:
Pleasanton Add
County:
Ada
Area:
Boise North - 0100
Elementary School:
Whittier
Middle School:
North Jr
High School:
Boise
School District:
Boise School District #1
Property Description
Fully leased North End multiplex on a corner lot for a turn-key investment opportunity with professional property management in place. Five units with market low vacancy rates, plus a two-car, detached garage, leased as a storage space. Three units on upper level: One 1 bed/1 bath, and two studios. Two units on lower level: One 1 bed/ 1 bath, and one 2 bed/ 1 bath. Every unit refreshed at lease expirations, shared tenant laundry for convenience, new garage roof in 2023 and new sewer line in 2021.

Directions: Corner of N 23rd and W Pleasanton Ave
Exterior Features

Carport YN No Construction Materials Stucco Covered Spaces 2 Lot Features Small Lot 5999 SFBus on City RouteSidewalks Open Parking YN Yes Parking Features DetachedTwo CarFinished Driveway Parking Total 2 Roof CompositionMetal

Interior Features

Above Grade Finished Area Units Square Feet Appliances Disposal (No Units)Stove/Range (All Units)Refrigerator (All Units) Basement DaylightWalk-Out Access Below Grade Finished Area Units Square Feet Building Area Total 2613 Cooling Some UnitsWall/Window Unit(s) Cooling YN Yes Flooring LaminateVinyl Garage YN Yes Heating BaseboardHot WaterRadiant Heating YN Yes Laundry Features Washer/Dryer Hookups (No Units)

Property Features

Association Fee 0 Current Use 5+ Units Gross Income 60993 Listing Terms Consider All Lot Size Dimensions 122x50 Net Operating Income 40276 Operating Expense 20717 Ownership Fee Simple Property Sub Type Other Tax Annual Amount 6619 Tax Legal Description E 45' Of Lot 12 Blk 14 Pleasanton Add Tax Year 2023 Total Actual Rent 4815 Utilities Sewer Connected Water Source City Service Zoning Description R-2

Intermountain MLS logoCourtesy of Powerhouse Real Estate Group: 208-920-5966.


Intermountain MLS logo© 2024 Intermountain Multiple Listing Service, Inc. (IMLS). Real estate listings held by brokerage firms other than Idaho Life Real Estate are marked with the IMLS IDX logo and information about them includes the name of the listing brokerage. Information provided by IMLS is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Data last updated 2024-12-06T00:10:19.387.
 
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Idaho Life Real Estate
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Intermountain MLS logoCourtesy of Powerhouse Real Estate Group.