2304 N Montana Avenue
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
Broker Details
Coldwell Banker Tomlinson (208) 672-0447
MLS ID: 12066 State License Number: AB27022
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $799,900 |
| No. of Units: | 10 |
| Year Built: | 1970 |
| Lot Size: | 6,819.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $79,990 |
| Property Website | Click Here |
| Number of Bedrooms: | 10 |
| Number of Bathrooms: | 7 |
ID: 3yd-IMLSID-98999582
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