1606 N 26th
Property Description
INVESTOR OPPORTUNITY IN BOISE'S NORTH END! This charming home offers proven long-term tenant rental history & big capital improvements with an approximate 9.1% CAP RATE based on NOI. This area demonstrates demand and rent-growth potential is here. Capital improvements completed from 2023-2026 include a NEW ROOF, NEW HVAC, NEW EXTERIOR PAINT, NEW FENCING between units for private spaces, plus NEW XERISCAPING and DRIP IRRIGATION designed to reduce maintenance and water costs. Major systems and exterior upkeep have been addressed. The property includes the historic Neberman Cabin, a 1910 detached dwelling listed on the National Register of Historic Places, with its own kitchen and separate laundry space. Two units create rental flexibility and income potential. Located in Boise's sought-after North End near Hyde Park, Whitewater Park, downtown, parks, trails and foothills. This income-producing property offers solid rental history, valuable improvements, lower maintenance demands and room for rent growth.
Broker Details
Silvercreek Realty Group (208) 377-0422
MLS ID: 556592 State License Number: SP47076
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $865,000 |
| No. of Units: | 2 |
| Year Built: | 1910 |
| Lot Size: | 1,850.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $432,500 |
| Property Website | Click Here |
| Number of Bedrooms: | 4 |
| Number of Bathrooms: | 3 |
ID: 3yd-IMLSID-99001644
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