$925,000
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1805 E Overland #43 Meridian, ID 83642
8 Beds
8 Baths
3,772 SqFt
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,772 sqft
Price per Sqft $245
Subdivision Sagecrest
MLS Listing ID 98832616
Sold Date 03/29/22
Bedrooms 8
HOA Fees $300/mo
HOA Y/N No
Year Built 2004
Annual Tax Amount $5,096
Tax Year 2021
Lot Size 6,098 Sqft
Acres 0.14
Property Sub-Type Quadruplex
Source IMLS 2
Property Description
Amazing investment! Four-plex in desirable area in the middle of Meridian. 25 year roof, stucco construction, full gutters in 2018. Four 2 bed/2 bath units, long term tenants have occupied for years. Appliances included. Professional and responsive onsite management, low fees. Cap rate 5%+. $4500 current rent, $5000 projected. Very consistent earnings, very low maintenance costs. Community pool, clubhouse and exercise room. Monthly HOA fee of $300 pays for ground maintenance, trash removal and irrigation
Location
State ID
County Ada
Area Meridian Se - 1000
Direction From Eagle Road, Turn Left onto Overland. Left into parking lot and on to building 43
Interior
Heating Forced Air, Natural Gas
Cooling Central Air
Fireplace No
Appliance Disposal (All Units), Stove/Range (All Units), Refrigerator (All Units), Washer/Dryer (All Units)
Laundry Washer/Dryer Hookups (All Units)
Exterior
Community Features 2-4 Units
Utilities Available Sewer Connected, Cable Connected
Roof Type Composition
Accessibility Handicap Parking, Handicapped
Handicap Access Handicap Parking, Handicapped
Total Parking Spaces 8
Building
Lot Description Standard Lot 6000-9999 SF, Sidewalks
Faces From Eagle Road, Turn Left onto Overland. Left into parking lot and on to building 43
Water City Service
Structure Type Stucco
New Construction No
Schools
Elementary Schools Meridian
High Schools Meridian
School District West Ada School District
Others
Tax ID R7689250620
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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