518 E Denver, Caldwell, ID 83605
518 E Denver, Caldwell, ID 83605
518 E Denver, Caldwell, ID 83605
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Joey Hixson

Joey Hixson

+1(713) 408-7388
Listed by Gregory Davis • KW Commercial
$650,000
Est. payment /mo
4 Beds
2 Baths
1,652 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 1,652 sqft

Price per Sqft $393

Subdivision Golden Gate Sub

MLS Listing ID 99000602

Bedrooms 4

HOA Y/N No

Year Built 1972

Annual Tax Amount $1,731

Tax Year 2025

Lot Size 6,098 Sqft

Acres 0.14

Property Sub-Type Other

Source IMLS 2

Property Description

This is a business opportunity offering a transitional housing program to those exiting incarceration. If you are looking for residential income properties, consider this alternative. 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.

Location

State ID

County Canyon

Zoning TN

Direction from I-84 take 10th Street S to Chicago Street. W on Chicago St then N on N 6th St to Denver. W on Denver to address.

Interior

Fireplace No

Exterior

Community Features Other

Total Parking Spaces 2

Building

Lot Description Standard Lot 6000-9999 SF

Faces from I-84 take 10th Street S to Chicago Street. W on Chicago St then N on N 6th St to Denver. W on Denver to address.

New Construction No

Schools

Elementary Schools Sacajawea

High Schools Caldwell

School District Caldwell School District #132

Others

Senior Community No

Tax ID R0208901500

Ownership Fee Simple

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Lysi Bishop Real Estate

Joey Hixson

For more than 30 years, Lysi Bishop Real Estate has helped clients navigate Boise and Treasure Valley real estate with trusted expertise and exceptional service.

+1(713) 408-7388

joey@lysibishop.com

913 W River St Suite 200, Boise, ID 83702, USA

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