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  • Key Facts
  • Description
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Key Facts

Type Triplex
Levels Residential Income
Size 1945 sqft
Garage No
Taxes $5,552
Days Active 0
Lot Size 
Approx. Age 1925
Avg. Price Per Sqft $385
MLS® Number 98947024

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Located in the heart of Boise’s highly sought-after North End, this fully rented triplex is a rare investment opportunity offering immediate income with an actual CAP Rate of 5.01%—and potential to push 6% with modest rental increases. The property features three updated units, each with separate gas and electric meters, ensuring efficient management. Unit 1 offers 2-bedrooms, 1-bathroom, separate living and kitchen areas, plus a dedicated laundry and storage room. Unit 2 & 3 are both 1-bedroom, 1-bathroom units with separate living and kitchen areas. A large 560 sqft. Unfinished attic provides the perfect opportunity to add a 4th unit, further increasing investment returns. Additional features include a full sprinkler system, newer main water line, low maintenance stucco exterior, freshly painted exterior trim, dedicated storage shed for maintenance equipment, and a track record of minimal vacancy in this prime location.Show Description
MLS® Number98947024
Laundry LevelWasher/Dryer Hookups (Some Units)
Central VacNo
FireplaceNo
Acreage0.09
Exterior
GarageNo
Approx. Age1925
Basement
Driveway
Garage Spaces
HeatElectric, Wall Furnace
A/CWall/Window Unit(s)
Heating Fuel

Extras

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