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.
Property Details
Price:
$650,000
MLS #:
99000602
Status:
Active
Beds:
4
Baths:
2
Type:
Multi Family
Subtype:
Other
Subdivision:
Golden Gate Sub
Listed Date:
Sep 11, 2026
Finished Sq Ft:
1,652
Total Sq Ft:
1,652
Lot Size:
6,098 sqft / 0.14 acres (approx)
Year Built:
1972
Units:
1
Schools
School District:
Caldwell School District #132
Elementary School:
Sacajawea
Middle School:
Syringa Middle
High School:
Caldwell
Interior
Exterior
Lot Features
Standard Lot 6000-9999 SF
Parking Spots
2
Parking Total
2
Financial
Tax Year
2025
Taxes
$1,732
Contact Us
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Listing courtesy of KW Commercial
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