2304 N Montana Avenue, Caldwell, ID 83605
- $799,900
- 10
- BD
- 7
- BA
- 6,819
- SqFt
Courtesy of Coldwell Banker Tomlinson. Main: 208-336-3393
- List Price
- $799,900
- Status
- ACTIVE
- Days on Market
- 29
- MLS#
- 98992078
- Year Built
- 1970
- Bedrooms
- 10
- Bathrooms
- 7
- Living Area
- 6,819
- Subdivision
- North Hill Sub
Property Description
Unique Flexible Investment Opportunity | Caldwell Rim Area | Multiple Income Streams Exceptional mixed-use investment opportunity across from the prestigious Caldwell Rim & its surrounding million-dollar homes. This 10 bed, 7 bath income-producing property generates over $7,000 per month in rental income & delivers a 7.3% cap rate at the current asking price. The prop features a main residence operated as a room-by-room rental for quality tenants seeking affordable housing alternatives, plus 2 addtl income-producing units: a unique 1,500 SF studio apt spanning 3 lvls & an attached 2-bdrm ADU. Ideal for investors seeking strong cash flow & long-term appreciation, or owner-occupants looking to house hack by living in the main home while using the additional units to offset mortgage & ownership costs. With multiple income streams, flexible living arrangements & premier location in one of Caldwell’s most desirable neighborhoods, this prop offers a rare combination of immediate returns, stability & future upside
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Additional Information
- Heating
- Baseboard, Radiant
- Air Conditioning
- Wall/Window Unit(s)
- Exterior Construction
- Brick
- Roof
- Composition
- Parking Features
- Attached, RV Access/Parking
- School District
- Caldwell School District #132
- Elementary School
- Sacajawea
- Middle School
- Syringa Middle
- High School
- Caldwell
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