Description
Exceptional Investment Opportunity in South Boise - 4-Plex with Strong Returns Discover this well-maintained 4-plex in the highly desirable South Boise area, surrounded by established single-family homes. Each of the four units boasts a spacious **3-bedroom, 2-bathroom layout**, making it a sought-after choice for tenants and ensuring consistent occupancy. Three additional 4 plexes are also available. With a **5.5% CAP rate** and a stable rent history, this property offers reliable cash flow for savvy investors. Exterior maintenance is **handled by the owners' association**, making it incredibly easy to manage and ideal for those seeking a hands-off investment. Located in a prime neighborhood close to amenities, schools, and parks, this property combines the benefits of a great location with the financial security of a proven income stream. Don't miss out on this rare opportunity to own a high-performing multifamily property in South Boise! An identical 4-plex is available next door. Same Price.
Details
| MLS # | 98996156 |
|---|---|
| Listing Type | For Sale |
| Style | Fourplex |
| HOA Dues | $450 |
| Sub-Type | Resale |
| Status | Active |
| Year | 2006 |
| Days On Site | 19 |
| Listing Provided By | RE/MAX Advisors | Darrin Jaszkowiak |
Features
| Bed(s) | 12 |
|---|---|
| Bath(s) | 8 |
| SQ Feet | 4,712 |
| Units | 4 |
Interior
| Cooling | Central Air, All Units |
|---|---|
| Cooling Yes / No | Yes |
| Heating | Forced Air, Natural Gas |
| Heating Yes / No | Yes |
| Appliances | Disposal (All Units), Stove/Range (All Units), Refrigerator (All Units), Washer/Dryer (All Units) |
| Laundry Features | Washer/Dryer Hookups (All Units) |
| Flooring | Laminate, Vinyl |
Exterior
| Roof | Composition |
|---|---|
| Lot Features | Irrigation, Sidewalks |
| Construction Materials | Stucco, Synthetic |
Utilities
| Utilities | Sewer Connected, Cable Connected |
|---|---|
| Electric | Unit 1 Separate Meter, Unit 2 Separate Meter, Unit 3 Separate Meter, Unit 4 Separate Meter |
| Gas | Unit 1 Separate Meter, Unit 2 Separate Meter, Unit 3 Separate Meter, Unit 4 Separate Meter |
Taxes
| Tax Year | 2025 |
|---|---|
| Tax Annual Amount | 2963 |
| Tax Legal Description | Unit B Bldg 3 Charter Pointe Village 4-Plex Condos |
Area Information
| State | ID |
|---|---|
| County | Ada |
| City | Boise |
| Zip Code | 83709 |
| Area | Ada |
| Community Name | Charter Pointe |
| School District | West Ada School District |
| Elementary School | Desert Sage |
| High School | Mountain View |
| Listing VS Median (in Charter Pointe) | |
Price: $875,000 low | high Med: $446,200 sqft: 4,712 low | high Med: 1,420 $ / sqft: $186 low | high Med: $320 On site: 19 low | high Med: 30.5 | |
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Learn More About This Property
| State | ID |
|---|---|
| County | Ada |
| City | Boise |
| Zip Code | 83709 |
| Area | Ada |
| Community Name | Charter Pointe |
| School District | West Ada School District |
| Elementary School | Desert Sage |
| High School | Mountain View |
| Listing VS Median (in Charter Pointe) | |
Price: $875,000 low | high Med: $446,200 sqft: 4,712 low | high Med: 1,420 $ / sqft: $186 low | high Med: $320 On site: 19 low | high Med: 30.5 | |
SERVICING IDAHO SINCE 1985
