518 Denver Street, Caldwell, ID 83605
518 Denver Street, Caldwell, ID 83605
518 Denver Street, Caldwell, ID 83605
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Garrit McGuire

Garrit McGuire

+1(208) 369-3299
Listed by Gregory Davis • KW Commercial
$650,000
Est. payment /mo
8 Beds
1,652 SqFt
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UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 1,652 sqft

Price per Sqft $393

MLS Listing ID 99000600

Bedrooms 8

HOA Y/N No

Year Built 1972

Lot Size 6,098 Sqft

Acres 0.14

Source IMLS 2

Property Description

This is a business opportunity offering a transitional housing program to those exiting incarceration. 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.

Location

State ID

County Canyon

Zoning T-N

Direction From I-84, take 10th Street exit, head South to Chicago Street. West on Chicago Street to N 6th Ave, then west on Denver to address.

Interior

Fireplace No

Exterior

Fence Full, Fenced

Utilities Available Sewer Connected, Natural Gas Available

Roof Type Composition

Street Surface Paved

Building

Lot Description Standard Lot 6000-9999 SF

Faces From I-84, take 10th Street exit, head South to Chicago Street. West on Chicago Street to N 6th Ave, then west on Denver to address.

Story 2

Water City Service

Structure Type Frame

New Construction No

Others

Senior Community No

Tax ID R0208901500

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Lysi Bishop Real Estate

Garrit McGuire

For more than 30 years, Lysi Bishop Real Estate has helped clients navigate Boise and Treasure Valley real estate with trusted expertise and exceptional service.

+1(208) 369-3299

garrit@lysibishop.com

913 W River St, Boise, ID 83702, USA

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