Unlock cash flow AND land development potential in this rare Boise investment opportunity on an acre of land! Own 4 detached units + land near I84 . St Als hospital & thriving apartments. Start strong - $1,100 rent is increasing to $1,595 & owner desires 6-month rent-back. Homes boast all newer roofs, newer siding, central AC, W/D hookups, off-street parking and sprawling backyards. Two are matching 3x1x1-car garage single family homes; two are nice, modern, 3x2 1996 manufactured homes on foundations, built into place/never moved). With coveted MX-1 zoning, property is ideal for buy/hold investors or developers seeking cash flow while planning for an apartment, commercial project, or a long-term hold. Grab this above-average cap rate w/additional value in the land (.96 acres). Well-priced for as-is sale. Please drive by & do not disturb occupants. Ask your agent for link to proforma & more info. Just don't miss out on this deal!

Listing courtesy of Swope Investment Properties 2095342626



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Last checked: 2025-12-06 12:54 AM UTC