1925 S Hervey St, Boise, ID 83705

$?
4
BD
4
BA
2,600
SqFt

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Courtesy of RE/MAX Capital City.

Selling Office: Boise Premier Real Estate.

Sold Price
$?
List Price
$699,900
Days on Market
3
Closing Date
May 15, 2024
Status
SOLD
MLS#
98906573
Bedrooms
4
Subdivision
Eagleson Park A
Bathrooms
4
County
Ada
Sq. Ft
2600
Garage Spaces
2
Year Built
1953
Acres
0.15
Age
1953

Property Description

Charming fourplex located in the desirable Depot Bench area, the perfect investment opportunity or to live in the freshly remodeled upper unit while renting the others for affordable living in the heart of Boise, minutes to BSU & downtown. This well maintained, all brick property has an excellent rental track record of long term tenants. Average rents at $1100 /month, offer an excellent cap rate of 7%, with 3 currently rented & the 4th unit vacant for easy showing access. These spacious 1 bed, 1 bath units have separate utility meters, with 2 garage stalls, a carport & additional driveway parking available plus a common area in inviting backyard. The character will make this property stand out to tenants, with original hardwoods in the the upper units, fireplace featuring a brick surround & stubbed for a gas insert. Updates include tankless water heaters in the lower units, fresh exterior paint, & one of the lower units was recently remodeled. Perfect opportunity for BSU student housing, near all amenities.

Additional Information

Land Use
2-4 Units
Sq. Ft
2600
Garagetype
Two Car, Detached
Construction
Brick, Frame
Lot Features
Standard Lot 6000-9999 SF
Heating
Baseboard, Natural Gas
Water
City Service
Electric
Unit 1 Separate Meter, Unit 2 Separate Meter, Unit 3 Separate Meter, Unit 4 Separate Meter
Gas
Unit 1 Separate Meter, Unit 2 Separate Meter, Unit 3 Separate Meter, Unit 4 Separate Meter
School District
Boise School District #1
Elementary School
Whitney
Middle School
South Boise Jr
High School
Borah
Taxes
$5,280
Tax Year
2023
Parcel Number
R2024302995


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