ActiveMLS® 98995592
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15049+ 5th St, Caldwell, ID 83607 photo
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MLS® 98995592
$309,890
15049+ 5th St, Caldwell, ID 83607
6 Beds 3 Baths 0.74 Acres 1,904 Sq.Ft. Built 1944
Description

CASH BUYERS ONLY! 2 homes + RV space 15049 and 15065 5th Street. High cash-flow investment on 0.74 acres featuring 2 homes, separate addresses, separate power meters, and an estimated 10%+ cap rate not including $600 RV space. Producing $2,750/month in rental income with very low operating expenses + $600 more potential rv space which takes it to 13% cap. This is an ideal investment or 1031 exchange opportunity. The 978 sq. ft. stick-built home and 924 sq. ft. fully updated manufactured home are occupied by dependable long-term tenants who pay on time, take pride in the property, and want to stay. Well maintained with an inspected well and septic replaced approximately 4 years ago, recently pumped and inspected. Includes an unused RV site with septic dump (power can be easily added), 90'×60' parking area, pasture, and an old barn. Seller is reallocating investments. Sold in its present condition. Absolutly do not disturb tenants. Pictures were taken prior to renting.

Interior features
  • Utilities Unit 1 Separate Meter, Unit 2 Separate Meter
  • Air conditioning Wall/Window Unit(s)
  • Fence Partial
  • Lot dimension 0.74 Acres
  • Lot description 1/2 - .99 Acre, R.V. Parking
Exterior features
  • Fence Partial
  • Lot dimension 0.74 Acres
  • Lot description 1/2 - .99 Acre, R.V. Parking
  • Roofing materials Other

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