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14 S Orchard St

Boise, ID 83705
  • $989,000
  • STATUS: Active
  • ON SITE: 14 Days
  • MLS #: 98863500
UPDATED: 147 min ago
$989,000
  • 14
    BEDS
  • 0.61
    ACRES
  • 7
    BATHS
  • 0
    1/2 BATHS
  • 5,420
    SQFT
  • $182
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1939
County:
Ada

School Information

Elementary School:
Middle School:
High School:
School District:
Intermountain MLS logoCourtesy of West Real Estate Group.

Description

This great income-producing property is currently being used as a transition home for men getting out of the correctional system. The property consists of 3 separate units. The main home has three levels with 6 bedrooms, 2 kitchens, 2.5 baths, and 11 beds. The upstairs apartment has a separate entrance. Additionally, there are also two duplexes on the property, both with 2 beds, 1 bath, and 1 kitchen for a total of 8 beds. The tenants are on a month-to-month rental agreement, and each bed is $550 a month. Many of the tenants choose to stay at home for a year or even longer (5 tenants have been there for over three years with no plans to move). The property has 24 beds available, and 18 are currently occupied. The seller has offered to help aid in the transition of the new ownership after the closing if desired. However, should the buyer not want to continue to run this type of program, they can switch over to a traditional rental, as all tenants are on month-to-month contracts.

Directions: At the corner of Orchard and Richardson St.

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Intermountain MLS logo© 2022 Intermountain Multiple Listing Service, Inc. (IMLS). Real estate listings held by brokerage firms other than Trailhead Realty Group | Fathom Realty are marked with the IMLS IDX logo and information about them includes the name of the listing brokerage. Information provided by IMLS is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Data last updated 2022-11-30T00:10:30.993.
www.trailheadrealtygroup.net/homes/134807510
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14 S Orchard St Boise, ID 83705

  • Price: $989,000
  • Status: Active
  • On Site: 14 Days
  • Updated: 147 min ago
  • MLS #: 98863500
14
Beds
7
Baths
0
½ Baths
0.61
Acres
5,420
SQFT
$182
$/SQFT
1939
Built
Neighborhood:
Scotts Sub
County:
Ada
Area:
Boise Bench - 0400
Elementary School:
Jefferson
Middle School:
South Boise Jr
High School:
Borah
School District:
Boise School District #1
Property Description
This great income-producing property is currently being used as a transition home for men getting out of the correctional system. The property consists of 3 separate units. The main home has three levels with 6 bedrooms, 2 kitchens, 2.5 baths, and 11 beds. The upstairs apartment has a separate entrance. Additionally, there are also two duplexes on the property, both with 2 beds, 1 bath, and 1 kitchen for a total of 8 beds. The tenants are on a month-to-month rental agreement, and each bed is $550 a month. Many of the tenants choose to stay at home for a year or even longer (5 tenants have been there for over three years with no plans to move). The property has 24 beds available, and 18 are currently occupied. The seller has offered to help aid in the transition of the new ownership after the closing if desired. However, should the buyer not want to continue to run this type of program, they can switch over to a traditional rental, as all tenants are on month-to-month contracts.

Directions: At the corner of Orchard and Richardson St.
Exterior Features

Carport YN Yes Construction Materials Hardiplank Type Covered Spaces 2 Fencing FullPartial Lot Features 1/2 - .99 AcreBus On City Route Parking Features Two CarCarportDetached Parking Total 13 Roof Composition

Interior Features

Above Grade Finished Area Units Square Feet Appliances Disposal (No Units)Stove/Range (All Units)Refrigerator (All Units)Washer/Dryer (Some Units) Below Grade Finished Area Units Square Feet Building Area Total 5420 Cooling Wall/Window Unit(S) Cooling YN Yes Garage YN Yes Heating ElectricForced AirNatural Gas Heating YN Yes Laundry Features Washer/Dryer Hookups (Some Units)

Property Features

Association Fee 0 Association YN Yes Current Use 5+ Units Electric 8554Unit 1 Separate MeterUnit 2 Separate MeterUnit 3 Separate MeterUnit 4 Separate MeterUnit 5 Separate MeterUnit 6 Separate Meter Gas Unit 3 Separate MeterUnit 4 Separate MeterUnit 5 Separate MeterUnit 6 Separate Meter Gross Income 125400 Listing Terms CashConsider AllConventionalFha Net Operating Income 105472 Operating Expense 19928 Ownership Fee Simple Property Sub Type Other Tax Annual Amount 7516 Tax Legal Description Par #0170 Lot 2 Blk 2 Scotts 2Nd Sub #R7780500170r Tax Year 2021 Total Actual Rent 10450 Utilities Sewer Connected Water Source City Service

Intermountain MLS logoCourtesy of West Real Estate Group: 208-501-8200.


Intermountain MLS logo© 2022 Intermountain Multiple Listing Service, Inc. (IMLS). Real estate listings held by brokerage firms other than Trailhead Realty Group | Fathom Realty are marked with the IMLS IDX logo and information about them includes the name of the listing brokerage. Information provided by IMLS is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Data last updated 2022-11-30T00:10:30.993.
 
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Trailhead Realty Group | Fathom Realty
1161 W River Suite 350
Boise ID, 83702
Intermountain MLS logoCourtesy of West Real Estate Group.
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