518 Denver Street, Caldwell, ID 83605
Courtesy of KW Commercial. Main: 208-475-1313
- $650,000
- 8
- BD
- 1,652
- SqFt
- List Price
- $650,000
- Status
- NEW
- MLS#
- 99000600
- Bedrooms
- 8
- County
- Canyon
- Sq. Ft
- 1652
- Year Built
- 1972
- Acres
- 0.14
- Age
- 51 - 80 Years
Property Description
This is a business opportunity offering a transitional housing program to those exiting incarceration. 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.
Additional Information
- Sq. Ft
- 1652
- Roof
- Composition
- Construction
- Frame
- Fenced
- Full, Fenced
- Lot Features
- Standard Lot 6000-9999 SF
- Water
- City Service
- Electric
- 110 Volt
- Parcel Number
- R0208901500
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