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3 UNIT RENTAL INCOME PROPERTY 2 Multifamily Properties Offered at $475,000 in Caldwell, ID
Investment Highlights
- Great investment opportunity with a Cap Rate of 6.5%. Under market rents - opportunity to raise.
- Excellent location with easy access to I-84.
- All units fully leased. Annual Gross - $39,120
Executive Summary
UNIT 1 Duplex: 2 Bed, 1 Bath, ±700 SF, $850/mo
UNIT 2 Duplex: 2 Bed, 1 Bath, ±700 SF, $910/mo
UNIT 3 Manufactured Home: 2 Bed, 2 Bath, ±1,400 SF, $1,500/mo
UNIT 2 Duplex: 2 Bed, 1 Bath, ±700 SF, $910/mo
UNIT 3 Manufactured Home: 2 Bed, 2 Bath, ±1,400 SF, $1,500/mo
Property Facts
| Price | $475,000 | Status | Under Contract |
| Price / SF | $226.19 / SF | Number of Properties | 2 |
| Cap Rate | 7.18% | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 2,100 SF |
| Price | $475,000 |
| Price / SF | $226.19 / SF |
| Cap Rate | 7.18% |
| Sale Type | Investment |
| Status | Under Contract |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 2,100 SF |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 1109 E Elgin St, Caldwell, ID 83605 | Multifamily | 1,400 SF | 1987 | - |
| 1107 E Elgin St, Caldwell, ID 83605 | Multifamily | 700 SF | 1973 | - |
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3 UNIT RENTAL INCOME PROPERTY
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