New ListingThis 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.
| MLS # | 99000600 |
|---|---|
| Listing Type | For Sale |
| Building Name | Business Opportunity With Real Estate Included (518 Denver, Cald |
| Sub-Type | Resale |
| Status | Active |
| Year | 1972 |
| Days On Site | 2 |
| Listing Provided By | KW Commercial | Gregory Davis |
| Bed(s) | 8 |
|---|---|
| SQ Feet | 1,652 |
| Story(s) | 2 |
| Zoning | T-N |
| Acreage | 0.14 |
| Rooms Total | 4 |
|---|---|
| Heating Yes / No | No |
| Roof | Composition |
|---|---|
| Lot Features | Standard Lot 6000-9999 SF |
| Construction Materials | Frame |
| Fencing | Full, Fenced |
| Utilities | Sewer Connected, Natural Gas Available |
|---|---|
| Electric | 110 Volt |
| Tax Legal Description | 22-4N-3W NW GOLDEN GATE ADD LTS 15 & 16 BLK 38 G GATE FRACTIONAL LT 13 BLK 38 ORIG Plat / Subdivision: Golden Gate Add |
|---|
| State | ID |
|---|---|
| County | Canyon |
| City | Caldwell |
| Zip Code | 83605 |
| Area | Canyon |
| Listing VS Median (in 83605) | |
Price: $650,000 low | high Med: $399,977 sqft: 1,652 low | high Med: 1,267 $ / sqft: $393 low | high Med: $320 On site: 2 low | high Med: 112 | |
| State | ID |
|---|---|
| County | Canyon |
| City | Caldwell |
| Zip Code | 83605 |
| Area | Canyon |
| Listing VS Median (in 83605) | |
Price: $650,000 low | high Med: $399,977 sqft: 1,652 low | high Med: 1,267 $ / sqft: $393 low | high Med: $320 On site: 2 low | high Med: 112 | |
![]() | $650,000518 E DenverCaldwell, ID 83605 |