ID > Meridian > Non Applicable
Meridian, ID 83642,3850 W Chair Lift Ln
Meridian, ID 83642,3850 W Chair Lift Ln
Meridian, ID 83642,3850 W Chair Lift Ln
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Found It Team

Found It Team

+1(800) 790-7576
Listed by Jared English • Congress Realty, Inc
$1,200,000
Est. payment /mo
12 Beds
12 Baths
7,060 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Pending

Purchase Type For Sale

Square Footage 7,060 sqft

Price per Sqft $169

Subdivision Non Applicable

MLS Listing ID 98964111

Bedrooms 12

HOA Fees $816/mo

HOA Y/N No

Year Built 2021

Annual Tax Amount $5,082

Tax Year 2024

Lot Size 6,098 Sqft

Acres 0.14

Property Sub-Type Quadruplex

Source IMLS 2

Property Description

This fully rented, prime investment property is just a few minutes from downtown Meridian and interstate 84. Each unit in this 4-plex features a spacious 1765 square feet that includes 3 bedrooms, 2.5 bathrooms and a one-car garage. The kitchen and living area have a modern look and feel. This building is part of the newer Entrata Farms community which features a clubhouse, swimming pool and a green space just in front of the building. Rents, plus the “smart-home package” currently produce $87,000 in gross income per year with a cap rate of over 5%. The HOA dues are $816/month for the whole 4-plex which includes the master insurance policy, trash, water, and maintenance for all common areas.

Location

State ID

County Ada

Area Meridian Se - 1000

Direction Cross street: Franklin RD

Interior

Heating Natural Gas

Cooling Central Air

Fireplace No

Appliance Disposal (All Units), Stove/Range (All Units), Refrigerator (All Units)

Laundry Washer/Dryer Hookups (All Units)

Exterior

Garage Spaces 1.0

Community Features 2-4 Units

Utilities Available Sewer Connected

Roof Type Composition

Total Parking Spaces 1

Building

Lot Description Small Lot 5999 SF

Faces Cross street: Franklin RD

Water City Service

Structure Type Stucco,Stone

New Construction No

Schools

Elementary Schools Chaparral

High Schools Meridian

School District West Ada School District

Others

Senior Community Yes

Tax ID R2405710340

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Intermountain MLS (IMLS)
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3850 W Chair Lift Ln

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