518 E Denver, Caldwell, ID 83605
Courtesy of KW Commercial. Main: 208-475-1313
- $650,000
- 4
- BD
- 2
- BA
- 1,652
- SqFt
- List Price
- $650,000
- Status
- ACTIVE
- Days on Market
- 1
- MLS#
- 99000602
- Year Built
- 1972
- Bedrooms
- 4
- Bathrooms
- 2
- Living Area
- 1,652
- Lot Size
- 6,098
- Acres
- 0.14
- Subdivision
- Golden Gate Sub
Property Description
This is a business opportunity offering a transitional housing program to those exiting incarceration. If you are looking for residential income properties, consider this alternative. The program has space for 8 participants at a time. The offering includes the real estate (a 4 bed 2 bath 1652 sf home). Participants pay monthly participation fees of $600 per participant. $4,800 per month of income. Expenses average roughly $400-500 per month. $4,300-4,400 per month cash flow to owner ($51,600 per year). Compare this business opportunity to a residential investment property. This opportunity is offered at an equivalent to an 8%+/- cap rate. Assessed Value is $267,000.
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Additional Information
- Taxes
- $1,731
- School District
- Caldwell School District #132
- Elementary School
- Sacajawea
- Middle School
- Syringa Middle
- High School
- Caldwell
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