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603 N 23rd St

Boise, ID 83702
  • $879,000
  • STATUS: Active
  • ON SITE: 79 Days
  • MLS #: 98916247
UPDATED: 126 min ago
$879,000
  • 4
    BEDS
  • 0.13
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
  • 2,492
    SQFT
  • $353
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1939
County:
Ada

School Information

Elementary School:
Middle School:
High School:
School District:
Intermountain MLS logoCourtesy of Windermere Powerhouse Group, LLC.

Description

This classic 1939 stucco multiplex, on a corner lot, will sit nicely in your portfolio for years to come. Unlock passive income today with market-low vacancy, optimal Cap Rate, and professional management in place. It has modest curb-side stature, but tucks in 2642 sf with five efficient units - two 1bedroom/1bath, one 2bedroom/1bath, and two studios - plus a leased 2-car, 400 sf, detached garage as a bonus. Only minutes to work or play, the ideal and practical location amplifies satisfaction for tenants, along with a shared laundry on the lower level. New sewer line in 2021 and a new garage roof in 2023. The wait is over. Your next investment is here.

Directions: Corner of N 23rd and W Pleasanton Ave

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Intermountain MLS logo© 2024 Intermountain Multiple Listing Service, Inc. (IMLS). Real estate listings held by brokerage firms other than Jon Gosche Real Estate, LLC are marked with the IMLS IDX logo and information about them includes the name of the listing brokerage. Information provided by IMLS is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Data last updated 2024-09-20T00:10:19.887.
www.boisemeridianrealestate.com/homes/152235455
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603 N 23rd St Boise, ID 83702

  • Price: $879,000
  • Status: Active
  • On Site: 79 Days
  • Updated: 126 min ago
  • MLS #: 98916247
4
Beds
5
Baths
0
½ Baths
0.13
Acres
2,492
SQFT
$353
$/SQFT
1939
Built
Neighborhood:
Pleasanton Add
County:
Ada
Area:
Boise North - 0100
Elementary School:
Whittier
Middle School:
North Jr
High School:
Boise
School District:
Boise School District #1
Property Description
This classic 1939 stucco multiplex, on a corner lot, will sit nicely in your portfolio for years to come. Unlock passive income today with market-low vacancy, optimal Cap Rate, and professional management in place. It has modest curb-side stature, but tucks in 2642 sf with five efficient units - two 1bedroom/1bath, one 2bedroom/1bath, and two studios - plus a leased 2-car, 400 sf, detached garage as a bonus. Only minutes to work or play, the ideal and practical location amplifies satisfaction for tenants, along with a shared laundry on the lower level. New sewer line in 2021 and a new garage roof in 2023. The wait is over. Your next investment is here.

Directions: Corner of N 23rd and W Pleasanton Ave
Exterior Features

Carport YN No Construction Materials Stucco Covered Spaces 2 Lot Features Small Lot 5999 SFBus on City RouteSidewalks Open Parking YN Yes Parking Features Two CarDetachedFinished Driveway Parking Total 2 Roof Composition

Interior Features

Above Grade Finished Area Units Square Feet Appliances Disposal (No Units)Stove/Range (All Units)Refrigerator (All Units) Basement Walk-Out AccessDaylight Below Grade Finished Area Units Square Feet Building Area Total 2492 Cooling Wall/Window Unit(s)Some Units Cooling YN Yes Garage YN Yes Heating BaseboardHot WaterRadiant Heating YN Yes Laundry Features Washer/Dryer Hookups (No Units)

Property Features

Association Fee 0 Current Use 5+ Units Electric Unit 1 Separate MeterUnit 2 Separate MeterUnit 3 Separate MeterUnit 4 Separate MeterUnit 5 Separate Meter Gross Income 53371 Listing Terms Consider All Lot Size Dimensions 122x50 Net Operating Income 24630 Operating Expense 28741 Ownership Fee Simple Property Sub Type Other Tax Annual Amount 6619 Tax Legal Description E 45' Of Lot 12 Blk 14 Pleasanton Add Tax Year 2023 Total Actual Rent 4690 Utilities Sewer Connected Water Source City Service Zoning Description R-2

Intermountain MLS logoCourtesy of Windermere Powerhouse Group, LLC: 208-920-5966.


Intermountain MLS logo© 2024 Intermountain Multiple Listing Service, Inc. (IMLS). Real estate listings held by brokerage firms other than Jon Gosche Real Estate, LLC are marked with the IMLS IDX logo and information about them includes the name of the listing brokerage. Information provided by IMLS is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Data last updated 2024-09-20T00:10:19.887.
 
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Jon Gosche Real Estate, LLC
Boise ID,
Intermountain MLS logoCourtesy of Windermere Powerhouse Group, LLC.