Description
Well maintained well managed Boarding House with 8 SRO rooms. Shared kitchens and shared baths. Tenants are long term. Current management will stay in place with scope of duty and compensation to be negotiated upon acceptance of offer. Common areas are available for viewing. Accepted offer for individual rooms. This is a very unique concept but an incredible cash flow opportunity with a great cap rate, stability, and relative ease of management. Property has been well maintained. Great location with easy access for bus routes. ( majority of tenants do. not drive) This is a great investment for first time investors looking to get into the market.
Details
| MLS # | 98946479 |
|---|---|
| Listing Type | For Sale |
| Style | Town House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1979 |
| Days On Site | 46 |
| Listing Provided By | Majestic Idaho Real Estate | Ed Sperry |
Features
| Bed(s) | 1 |
|---|---|
| SQ Feet | 2,651 |
| Garage | 2 |
| Units | 8 |
| Acreage | 0.26 |
Taxes
| Property | 3441 |
|---|
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Learn More About This Property
| State | ID |
|---|---|
| County | Ada |
| City | Boise |
| Zip Code | 83713 |
| Area | Boise W Garden City |
| Community Name | Combes Park |
| School District | West Ada School District |
| Elementary School | West Ada School District |
| Middle School | West Ada School District |
| High School | West Ada School District |
| Listing VS Median (in Combes Park) | |
Price: $735,000 low | high Med: $735,000 SqFt: 2,651 low | high Med: 2,651 $ / SqFt: $277 low | high Med: $277 On site: 46 low | high Med: 46.000000 | |
Nearby Listings (Within 1/10 mile)
Price: $551K - $918K
SqFt: 1,500 - 3,000
Listing Updated: June 8, 2025 at 11:50:02 AM PDT