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Victory Lap Real Estate
15049+ 5th St, Caldwell, ID 83607
- $309,890
- 6
- BD
- 3
- BA
- 1,904
- SqFt
Courtesy of Authority Real Estate. Main: 208-475-1475
- List Price
- $309,890
- Days on Market
- 71
- MLS#
- 98995592
- Property Type
- Multifamily
- Bedrooms
- 6
- Bathrooms
- 3
- Sqft. of Residence
- 1,904
Property Description
CASH BUYERS ONLY! 2 homes + RV space 15049 and 15065 5th Street. High cash-flow investment on 0.74 acres featuring 2 homes, separate addresses, separate power meters, and an estimated 10%+ cap rate not including $600 RV space. Producing $2,750/month in rental income with very low operating expenses + $600 more potential rv space which takes it to 13% cap. This is an ideal investment or 1031 exchange opportunity. The 978 sq. ft. stick-built home and 924 sq. ft. fully updated manufactured home are occupied by dependable long-term tenants who pay on time, take pride in the property, and want to stay. Well maintained with an inspected well and septic replaced approximately 4 years ago, recently pumped and inspected. Includes an unused RV site with septic dump (power can be easily added), 90'×60' parking area, pasture, and an old barn. Seller is reallocating investments. Sold in its present condition. Absolutly do not disturb tenants. Pictures were taken prior to renting.
Additional Information
- Year Built
- 1944
- High School
- Vallivue
- Elementary School
- West Canyon
- Middle School
- Vallivue Middle
- Acres
- 0.74
- Living Area
- 1,904
- Subdivision
- Sunny Slope
- Terms
- Cash
- Number Of Units Total
- 2
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