Boise, ID 83713 4101 N Creswell Way
$735,000
6 more
Presented By: Majestic Idaho Real Estate
Beds • 1
SQFT • 2,651
Garage • 2
Home Details
Well maintained well managed Boarding House with 8 SRO rooms. Shared kitchens and shared baths. Tenants are long term. Current management will stay in place with scope of duty and compensation to be negotiated upon acceptance of offer. Common areas are available for viewing. Accepted offer for individual rooms. This is a very unique concept but an incredible cash flow opportunity with a great cap rate, stability, and relative ease of management. Property has been well maintained. Great location with easy access for bus routes. ( majority of tenants do. not drive) This is a great investment for first time investors looking to get into the market.
Presented By: Majestic Idaho Real Estate
Interior Features for 4101 N Creswell Way
Bedrooms
Total Bedrooms1
Other Interior Features
Above Grade Finished Area Unit TypeSquare Feet
Air Conditioning Y/NYes
Below Grade Finished Area Unit TypeSquare Feet
Fireplace Y/NNo
FlooringEngineered Vinyl Plank
Heating Y/NYes
General for 4101 N Creswell Way
AppliancesDisposal (All Units), Stove/Range (All Units), Refrigerator (All Units), Washer/Dryer (All Units)
Attached Garage No
Building Area UnitsSquare Feet
Cap Rate9.2
Carport Y/NNo
CityBoise
Construction MaterialsBrick, HardiPlank Type
CoolingCentral Air
CountyAda
Current UseSingle Family
DirectionsCloverdale to Eden, turn East on Eden, turn North on Creswell
Electric2306
Elementary SchoolFrontier
Elementary School DistrictWest Ada School District
Garage Spaces2
Garage Y/NYes
Gross Income67175
HOANo
HOA Fee$
HeatingForced Air, Natural Gas
High SchoolCentennial
High School DistrictWest Ada School District
Home Warranty Y/NNo
Land Lease Y/NNo
Listing TermsConventional, 1031 Exchange
Living Area UnitsSquare Feet
Lot Size Square Feet11325.6
Lot Size UnitsAcres
MLS AreaBoise W-Garden City - 0650
Middle/Junior High SchoolLwlScottJr
Middle/Junior School DistrictWest Ada School District
New ConstructionNo
Number Of Units Total8
Operating Expense15217
OwnershipFee Simple
Property Attached Y/NNo
Property SubtypeOther
Property TypeResidential Income
RoofComposition
Senior Community Y/NNo
StatusActive
Subdivision NameCombes Park
Tax Annual Amount3165
Tax Year2024
Total Actual Rent5970
UtilitiesSewer Connected
Year Built1979
Exterior for 4101 N Creswell Way
Building Area Total2651
Covered Spaces2
Foundation DetailsSlab
Lot Features10000SF - .49, Irrigation
Lot Size Acres0.26
Lot Size Area0.26
Open Parking Y/NYes
Parking FeaturesTwo Car, Attached, Finished Driveway
SpaNo
Total Parking4
Water SourceCity Service
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Centennial High School
Elementary School
Frontier Elementary School
Middle School
LwlScottJr Middle School
Jesus Yerena Delgado
Agent