812 NW 4th St., Meridian, ID 83642

$?
7
BD
4
BA
3,252
SqFt

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Courtesy of Coldwell Banker Tomlinson.

Selling Office: 208 properties Realty Group.

Sold Price
$?
List Price
$778,500
Days on Market
357
Closing Date
Jan 13, 2025
Status
SOLD
MLS#
98896601
Bedrooms
7
Subdivision
0 Not Applic.
Bathrooms
4
County
Ada
Sq. Ft
3252
Garage Spaces
2
Year Built
1971
Age
1971

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.

Additional Information

Land Use
2-4 Units
Sq. Ft
3252
Garagetype
Two Car, Other, Attached, Finished Driveway
Roof
Composition
Construction
Brick, Frame
Lot Features
Standard Lot 6000-9999 SF, Bus on City Route, Sidewalks
Air Conditioning
Wall/Window Unit(s), All Units
Heating
Ceiling, Electric
Water
City Service
Electric
Unit 1 Separate Meter, Unit 2 Separate Meter, Unit 3 Separate Meter
School District
West Ada School District
Elementary School
Meridian
Middle School
Meridian Middle
High School
Meridian
Taxes
$3,398
Tax Year
2023
Parcel Number
R9323750583


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