Listed by Silvercreek Realty Group
$489,900
Two new homes on one lot-great rentals
Details
Property Type Multifamily
Sub Type Single Family Rental Portfolio
Square Footage 1,677
Units 6
NOI $37,800
Occupancy 100%
Tenancy Single
Broker Co-Op Yes
Year Built 2025
Buildings 2
Stories 1
Lot Size (SqFt) 1.55
Investment Type Stabilized
Sale Condition 1031 exchange
Affordable and New Rental Homes
Marketing description
Investment highlights
-Plan 1 is 2bd 2b with 1 car garage monthy rental income is $1900 —Plan 2 is 1 bed 1 ba with loft, monthly income $1250. These charmers are finished with LVP flooring throughout, quartz counter tops in kitchen and baths with full tile surrounds in the bathrooms. Both homes have covered exterior decks.
Great location within walking distance to schools and downtown Middleton. The homes are about one year old and rented immediately when they became available. Great income, great depreciation. Other lots available, up to 9 homes can be purchased on separate lots. Contact Val Gray for showings and details 208-272-0227 IMLS number 98984043 or google address for updated photos
Listing Contacts
Listed by Silvercreek Realty Group
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Loan Amount
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Annual Debt Service
$--
$--
Annual Cash Flow
$37,800.00
$3,150.00/mo
Valuation Metrics
0
DSCR
7.72%
Cap Rate
7.72%
ROI
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