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812 NW 4th St.

Meridian, ID 83642
  • $778,500
  • STATUS: Active
  • ON SITE: 362 Days
  • MLS #: 98896601
UPDATED: 32 min ago
$778,500
  • 7
    BEDS
  • N/A
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 3,252
    SQFT
  • $239
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1971
County:
Ada

School Information

Elementary School:
Middle School:
High School:
School District:
Intermountain MLS logoCourtesy of Coldwell Banker Tomlinson.

Description

Great investment property in Meridian. Unit 812 was just completely remodeled and updated, is like new. Unit 812 is leased for $1395.00/month, rented in one day. Unit 810 is leased for $1195.00/mo and Unit 332 is leased for $1895.00/mo. Units 810 and 332 both have just had bathrooms completely updated. New updates include: Roof with warranty, Wall AC units for each unit. Newly painted exterior, new exterior doors, New exterior lighting, windows throughout, New water lines, newer sidewalks and landscaping. New appliances in all except for oven/range and dishwasher in unit 810. There is gas to the property but is not hooked up to any of the units. Great investment opportunity! One tenant has occupied for approx. 10 years and the other for approx. 7 years. Easy freeway access, seller has never had an issue renting out the units. This Charming triplex is single level. NOI is $48,959.00 making a 6% Cap Rate.

Directions: From Freeway, Go north on Meridian Rd. Exit, go west on Pine, south on 4th st. property on corner of Idaho and 4th

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Intermountain MLS logo© 2024 Intermountain Multiple Listing Service, Inc. (IMLS). Real estate listings held by brokerage firms other than Moscow Realty 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 2024-12-11T00:10:28.873.
www.moscowrealty.com/homes/146057341
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812 NW 4th St. Meridian, ID 83642

  • Price: $778,500
  • Status: Active
  • On Site: 362 Days
  • Updated: 32 min ago
  • MLS #: 98896601
7
Beds
4
Baths
0
½ Baths
N/A
Acres
3,252
SQFT
$239
$/SQFT
1971
Built
Neighborhood:
0 Not Applic.
County:
Ada
Area:
Meridian Nw - 1030
Elementary School:
Meridian
Middle School:
Meridian Middle
High School:
Meridian
School District:
West Ada School District
Property Description
Great investment property in Meridian. Unit 812 was just completely remodeled and updated, is like new. Unit 812 is leased for $1395.00/month, rented in one day. Unit 810 is leased for $1195.00/mo and Unit 332 is leased for $1895.00/mo. Units 810 and 332 both have just had bathrooms completely updated. New updates include: Roof with warranty, Wall AC units for each unit. Newly painted exterior, new exterior doors, New exterior lighting, windows throughout, New water lines, newer sidewalks and landscaping. New appliances in all except for oven/range and dishwasher in unit 810. There is gas to the property but is not hooked up to any of the units. Great investment opportunity! One tenant has occupied for approx. 10 years and the other for approx. 7 years. Easy freeway access, seller has never had an issue renting out the units. This Charming triplex is single level. NOI is $48,959.00 making a 6% Cap Rate.

Directions: From Freeway, Go north on Meridian Rd. Exit, go west on Pine, south on 4th st. property on corner of Idaho and 4th
Exterior Features

Carport YN No Construction Materials BrickFrame Covered Spaces 2 Foundation Details Crawl Space Lot Features Standard Lot 6000-9999 SFBus on City RouteSidewalks Open Parking YN Yes Parking Features AttachedOtherTwo CarFinished Driveway Parking Total 4 Roof Composition

Interior Features

Above Grade Finished Area Units Square Feet Appliances Disposal (No Units)Stove/Range (All Units)Refrigerator (All Units)Washer/Dryer (No Units) Below Grade Finished Area Units Square Feet Building Area Total 3252 Cooling All UnitsWall/Window Unit(s) Cooling YN Yes Garage YN Yes Heating CeilingElectric Heating YN Yes Laundry Features Washer/Dryer Hookups (All Units)

Property Features

Association Fee 0 Current Use 2-4 Units Electric Unit 1 Separate MeterUnit 2 Separate MeterUnit 3 Separate Meter Listing Terms CashConventional Operating Expense 6402 Ownership Fee Simple Property Sub Type Triplex Tax Annual Amount 3398 Tax Legal Description Lot 5 Block 8 West View Add to Meridian Tax Year 2023 Total Actual Rent 4485 Utilities Sewer Connected Water Source City Service Zoning Description City of Meridian R-15

Intermountain MLS logoCourtesy of Coldwell Banker Tomlinson: 208-672-0447.


Intermountain MLS logo© 2024 Intermountain Multiple Listing Service, Inc. (IMLS). Real estate listings held by brokerage firms other than Moscow Realty 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 2024-12-11T00:10:28.873.
 
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Moscow Realty
201 East 3rd Street
Moscow ID, 83843
Intermountain MLS logoCourtesy of Coldwell Banker Tomlinson.