About This Home
This 4-bedroom, 2-bathroom residential multi family at 518 E Denver in Caldwell, ID is listed for $650,000 ($393 per sqft). Built in 1972, the home offers 1,652 sqft of living space on a 0.14 acres lot.
Key Features
- Built in 1972
- 0.14 acre lot
- 2 parking spaces
Property Details
This is a business opportunity offering a transitional housing program to those exiting incarceration. If you are looking for residential income properties, consider this alternative. The program has space for 8 participants at a time. The offering includes the real estate (a 4 bed 2 bath 1652 sf home).
Participants pay monthly participation fees of $600 per participant. $4,800 per month of income. Expenses average roughly $400-500 per month. $4,300-4,400 per month cash flow to owner ($51,600 per year). Compare this business opportunity to a residential investment property. This opportunity is offered at an equivalent to an 8%+/- cap rate. Assessed Value is $267,000.
Monthly Cost Estimate
$3,476/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
518 E Denver
Caldwell, ID 83605
Golden Gate Sub
Questions & Answers
This 4-bedroom, 2-bathroom residential multi family at 518 E Denver is listed at $650,000 ($393/sqft). The estimated monthly payment is $3,477 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1972, 0.14 acre lot, 2 parking spaces.
This property is listed by Gregory Davis and can be reached at 2087393175.