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Listed with KW Commercial
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The Pond Street Apartments have been lovingly updated over the past 5 years (all units). The updates also included new TPO roofs on each building, new asphalt parking lot, and some updated zero-scape in areas of the property as well as new fencing, and much more. Interior updates included paint, flooring, some HVAC updates, and remodeled kitchens and bathrooms. Many units are renting at $1,600+ per month and many that were leased near the beginning of the renovations are rented for less than $1,200 giving a buyer the opportunity to quickly raise rents on those that are under market as leases renew without requiring much additional investment from the buyer. Buyer may implement a RUBS charge to further increase income and recoup utility cost for water, sewer, and trash.
| DAYS ON MARKET | 54 | LAST UPDATED | 4/24/2024 |
|---|---|---|---|
| TRACT | 0 Not Applic. | YEAR BUILT | 1974 |
| COMMUNITY | Boise Bench - 0400 | COUNTY | Ada |
| STATUS | Pending | PROPERTY TYPE(S) | Residential Income |
| School District | Boise School District #1 |
|---|---|
| Elementary School | Hillcrest |
| Jr. High School | South Boise Jr |
| High School | Borah |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Cooktop, Dryer, Range, Refrigerator, Washer |
| AREA | Boise Bench - 0400 |
| BUYER'S BROKERAGE COMPENSATION | 2 |
| CONSTRUCTION | Frame, Other, Stucco |
| HEAT | Forced Air |
| LOT | 1.06 acre(s) |
| SUBDIVISION | 0 Not Applic. |
| TAXES | 29495 |
| UTILITIES | Sewer Connected |
| WATER | Public |
| ZONING | R-2 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
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*Estimate only
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