Commercial
518 Denver Street
Caldwell, ID 83605
$650,000
ActiveMLS® 99000600
This is a business opportunity offering a transitional housing program to those exiting incarceration. 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.
Exterior and Construction
- Construction materials Frame
- Roofing Composition
Utilities
- Utilities Sewer Connected, Natural Gas Available, 110 Volt
- Water City Service
Land and Lot
- Lot size 0.14 acres (6,098 sq ft)
- Fencing Full, Fenced
- Lot description Standard Lot 6000-9999 SF
Location and Zoning
- Road/Access Paved
- Zoning description T-N
- County Canyon
Schools
- School District Caldwell School District 132
Tax and Legal
- Parcel number R0208901500
- Legal description 22-4N-3W NW GOLDEN GATE ADD LTS 15 & 16 BLK 38 G GATE FRACTIONAL LT 13 BLK 38 ORIG Plat / Subdivision: Golden Gate Add
Listing Information
- Listing Agent
- Gregory Davis
- Listing Office
- KW Commercial
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