518 Denver Street, Caldwell, ID 83605

$650,000 Active MLS® 99000600 Commercial
ActiveMLS® 99000600
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518 Denver Street, Caldwell, ID 83605 photo
Commercial
MLS® 99000600
$650,000
518 Denver Street, Caldwell, ID 83605
8 Beds 0.14 Acres 1,652 Sq.Ft. Built 1972
Description

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.

Interior features
  • Utilities Sewer Connected, Natural Gas Available, 110 Volt
  • Fence Full, Fenced
  • Lot dimension 0.14 Acres
  • Lot description Standard Lot 6000-9999 SF
Exterior features
  • Fence Full, Fenced
  • Lot dimension 0.14 Acres
  • Lot description Standard Lot 6000-9999 SF
  • Roofing materials Composition

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Location
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