812 NW 4th St., Meridian ID 83642
- $778,500
- $778,500
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.
Address
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Address: 812 NW 4th St.
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City: Meridian
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State/county: ID
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Zip/Postal Code: 83642
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Area: 0 Not Applic.
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Country: US
Details
Updated on January 13, 2025 at 9:14 pm-
Property ID HZ98896601
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Price $778,500
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Property Size 3252 sqft
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Bedrooms 7
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Bathrooms 4
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Garages 2
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Year Built 1971
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Property Type Residential Income
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Property Status Closed
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Office Name Coldwell Banker Tomlinson
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Agent Name Amanda Alvaro
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Office Phone 208-672-0447
Additional details
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Listing Terms Cash, Conventional
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Roof Composition
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Utilities Sewer Connected
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Cooling All Units, Wall/Window Unit(s)
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Heating Ceiling, Electric
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County Ada
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Property Type Residential Income
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Parking Attached, Other, Two Car, Finished Driveway
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Elementary School Meridian
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Middle School Meridian Middle
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High School Meridian
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Down Payment
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