Listed by Rallens Realty Consultants
$475,000
3 UNIT RENTAL INCOME PROPERTY
Details
Property Type Multifamily
Sub Type Single Family Rental Portfolio
Units 3
Cap Rate 6.50%
Class C
Acreage 0.210
Zoning T-N (Traditional Neighborhood)
1107 E Elgin, Caldwell, ID
Marketing description
Excellent location with easy access to I-84.
Just minutes from downtown Caldwell, College of Idaho, Amazon, Nampa, and Boise.
UNIT 1: Duplex 2 Bed, 1 Bath, ±700 SF, $950/mo
UNIT 2: Duplex 2 Bed, 1 Bath, ±700 SF, $1,050/mo
UNIT 3: Manufactured Home, 2 Bed, 2 Bath, ±1,400 SF, $1,500/mo
Investment highlights
Great investment opportunity with a Cap Rate of 7.8%.
Annual gross income of $42,000.
All units fully leased.
Listing Contacts
Listed by Rallens Realty Consultants
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