Description
This charming duplex sits directly in a area with all single family homes near College of Idaho and golf course and hospital what an incredible investment opportunity. Duplex features 2bd/ 1ba on each side on a corner lot so separate entrances to both units. Newer roof, gas furnaces, exterior paint and best of all tenants pay all there own utilities separate water meters. One side has been updated 3 years ago and leased with higher rent with no increase in rent on both sides in years. Lot's of upside possible. The tenants were notified of possible rent increase to $1500/mo with new owner and both committed to staying(that's a 7.9% cap rate). Instant cash cow... Close to shopping, schools, and freeway. Other address is 1907 Brookside Drive.
Directions: S. 10th Ave., E Linden, S Ray Ave.
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4BEDS
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0.15ACRES
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2BATHS
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01/2 BATHS
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1,518SQFT
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$263$/SQFT
School Information
Courtesy of Stevens Realty.Description
This charming duplex sits directly in a area with all single family homes near College of Idaho and golf course and hospital what an incredible investment opportunity. Duplex features 2bd/ 1ba on each side on a corner lot so separate entrances to both units. Newer roof, gas furnaces, exterior paint and best of all tenants pay all there own utilities separate water meters. One side has been updated 3 years ago and leased with higher rent with no increase in rent on both sides in years. Lot's of upside possible. The tenants were notified of possible rent increase to $1500/mo with new owner and both committed to staying(that's a 7.9% cap rate). Instant cash cow... Close to shopping, schools, and freeway. Other address is 1907 Brookside Drive.
Directions: S. 10th Ave., E Linden, S Ray Ave.
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