Well maintained well managed Boarding House with 8 SRO rooms. Shared kitchens and shared baths. Tenants are long term. Current management will stay in place with scope of duty and compensation to be negotiated upon acceptance of offer. Common areas are available for viewing. Accepted offer for individual rooms. This is a very unique concept but an incredible cash flow opportunity with a great cap rate, stability, and relative ease of management. Property has been well maintained. Great location with easy access for bus routes. ( majority of tenants do. not drive) This is a great investment for first time investors looking to get into the market.
Property Details
Price:
$735,000
MLS #:
98946479
Status:
Active
Beds:
1
Baths:
0
Address:
4101 N Creswell Way
Type:
Multi Family
Subtype:
Other
Subdivision:
Combes Park
Neighborhood:
Boise W-Garden City – 0650
City:
Boise
Listed Date:
May 8, 2025
State:
ID
Finished Sq Ft:
2,651
Total Sq Ft:
2,651
ZIP:
83713
Lot Size:
11,326 sqft / 0.26 acres (approx)
Year Built:
1979
Units:
8
Schools
School District:
West Ada School District
Elementary School:
Frontier
Middle School:
LwlScottJr
High School:
Centennial
Interior
Appliances
Disposal ( All Units), Stove/ Range ( All Units), Refrigerator ( All Units), Washer/ Dryer ( All Units)
Cooling
Central Air
Flooring
Engineered Vinyl Plank
Heating
Forced Air, Natural Gas
Exterior
Construction Materials
Brick, Hardi Plank Type
Parking Features
Two Car, Attached, Finished Driveway
Parking Spots
4
Roof
Composition
Financial
Tax Year
2024
Taxes
$3,165
Contact Us
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Listing courtesy of Majestic Idaho Real Estate
Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Realtor Association of Intermountain Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than Cozy Boise include the name of the listing broker. Information provided by IMLS is deemed reliable but not guaranteed. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. Intermountain Multiple Listing Service, Inc. All rights reserved. 4101 N Creswell Way
Boise, ID
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