Charming fourplex located in the desirable Depot Bench area, the perfect investment opportunity or to live in the freshly remodeled upper unit while renting the others for affordable living in the heart of Boise, minutes to BSU & downtown. This well maintained, all brick property has an excellent rental track record of long term tenants. Average rents at $1100 /month, offer an excellent cap rate of 7%, with 3 currently rented & the 4th unit vacant for easy showing access. These spacious 1 bed, 1 bath units have separate utility meters, with 2 garage stalls, a carport & additional driveway parking available plus a common area in inviting backyard. The character will make this property stand out to tenants, with original hardwoods in the the upper units, fireplace featuring a brick surround & stubbed for a gas insert. Updates include tankless water heaters in the lower units, fresh exterior paint, & one of the lower units was recently remodeled. Perfect opportunity for BSU student housing, near all amenities.
Sold
Price Unknown
1925 S Hervey St, Boise, ID 83705
4beds
4baths
2,600sqft
Quadruplex
Built in 1953
-- sqft lot
$717,900 Zestimate®
$--/sqft
$-- HOA
What's special
Zillow last checked: 7 hours ago
Listing updated: May 15, 2024 at 01:05pm
Listed by:
Sheila Smith 208-631-2248,
RE/MAX Capital City
Bought with:
Katie Shevlin
Boise Premier Real Estate
Source: IMLS,MLS#: 98906573

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating
- Baseboard, Natural Gas
Appliances
- Included: Stove/Range (All Units), Refrigerator (Some Units), Washer/Dryer (No Units)
Features
- Unit 1 Baths: 1, Unit 2 Baths: 1, Unit 3 Baths: 1, Unit 4 Baths: 1
- Has basement: No
Interior area
- Total structure area: 2,600
- Total interior livable area: 2,600 sqft
Property
Parking
- Total spaces: 6
- Parking features: Two Car, Detached
- Garage spaces: 2
Lot
- Size: 6,534 sqft
- Features: Standard Lot 6000-9999 SF
Details
- Parcel number: R2024302995
- Zoning: R-1C
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Brick, Frame
Condition
- Year built: 1953
Utilities & green energy
- Gas: Unit 1 Separate Meter, Unit 2 Separate Meter, Unit 3 Separate Meter, Unit 4 Separate Meter
- Water: Public
- Utilities for property: Sewer Connected
Community & neighborhood
Location
- Region: Boise
- Subdivision: Eagleson Park A
HOA & financial
Other financial information
- Total actual rent: 3140
Other
Other facts
- Listing terms: Cash,Conventional,FHA,Private Financing Available,VA Loan
- Ownership: Fee Simple