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About the Listing 10584 - 560846
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.
Listing Highlights for 3850 W Chair Lift Ln
Status
Active
Days on Site
16
Property Type
Multi-Family
MLS ®
98964111
Year Built
2021
Total Square Footage
7,060
Lot/Acreage
0.14
County
Ada
Neighborhood
Non Applicable
Area
Meridian SE - 1000
HOA Dues
816/Monthly
School District
West Ada School District
Elementary School
Chaparral
Middle School
Meridian Middle
High School
Meridian
Interior Details
- Bedrooms: 12
- Bathrooms: 12 Full
- Appliances: Disposal (All Units), Stove/Range (All Units), Refrigerator (All Units)
- Air Cond: Central Air
- Heating: Natural Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: City Service
Exterior Details
- Lot Description: Small Lot 5999 SF,1 Acre or Less
- Garage Capacity: 1 car
- Parking Spaces: 1
- Lot Dimensions: 70x84
- Roof: Composition
- Others:
- Sewer:
- Parking Features: One Car
Financial Details
- Tax Amount: $5,082
- Taxes w/Assessments: N/A
- Tax/Property ID: R2405710340
- Tax Year: 2024
Payment Calculator
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Listing Location
Questions About..
3850 W Chair Lift Ln Meridian, ID 83642
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