1925 S Hervey St Boise, ID 83705
Charming fourplex located in the desirable Depot Bench area, the perfect investment opportunity or to live in the freshly remodeled upper unit while renting the others for affordable living in the heart of Boise, minutes to BSU & downtown. This well maintained, all brick property has an excellent rental track record of long term tenants. Average rents at $1100 /month, offer an excellent cap rate of 7%, with 3 currently rented & the 4th unit vacant for easy showing access. These spacious 1 bed, 1 bath units have separate utility meters, with 2 garage stalls, a carport & additional driveway parking available plus a common area in inviting backyard. The character will make this property stand out to tenants, with original hardwoods in the the upper units, fireplace featuring a brick surround & stubbed for a gas insert. Updates include tankless water heaters in the lower units, fresh exterior paint, & one of the lower units was recently remodeled. Perfect opportunity for BSU student housing, near all amenities.
- Property TypeMulti-Family
- NeighborhoodEagleson Park A
- CountyAda
- Taxes$5,280
- HOA/Condo/Coop Fees$0
- Days on Site26 Days
- MLS StatusPending
- MLS ID Number98906573
- Home Size Source N/A
- Year Built1953
- Lot Size0.15 Acres
- Full Baths4
- Partial BathsN/A
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