812 NW 4th St, Meridian, ID 83642 | Listings

812 NW 4th St, Meridian, ID 83642

  • $778,500
  • 7 Beds
  • 4 Full Baths
  • 3,252 sq ft
  • Year Built: 1971
  • Multi-Family
  • Listing #98896601

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.

Listing Details

Price$778,500
Bedrooms7 Beds
Bathrooms4 Full Baths
Year Built1971
Property TypeMulti-Family
Listing #98896601
StatusActive
CountyAda
Listing TypeFor Sale
Property Taxes (Annual)$3,398

Interior Features

Square Feet3,252
Heating and CoolingCeiling, Electric, All Units, Wall/Window Unit(s)
LaundryWasher/Dryer Hookups (All Units)

Exterior Features

ExteriorBrick, Frame
FoundationCrawl Space
RoofComposition
GarageAttached, Other, Two Car, Finished Driveway

Miscellaneous

MLS AreaMeridian NW - 1030
Garage Spaces2

Virtual Tour

Virtual Tour URLhttps://tourfactory.com/idxr3122996

Courtesy of Amanda Alvaro, Coldwell Banker Tomlinson

Intermountain MLSCopyright 2024, Listed with NextHome Treasure Valley.
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This content last updated on 11/9/2024 1:59 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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