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1514/1516 S Manitou Ave
Boise, ID 83706
Asking Price
$895K
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
Multifamily | 2 Units <ul><li>Located in the heart of Boise near Boise State University, downtown Boise, the Greenbelt, and multiple parks</li><li>Both units currently tenant occupied on signed one-year leases</li><li>Each unit features 2 spacious bedrooms, 2.5 bathrooms, and approximately 1,236 square feet</li><li>Functional open-concept living spaces and private bedroom suites upstairs</li><li>Updates including flooring, appliances, and more in 2025</li><li>Detached single-car garages plus additional off-stre
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NOI
$80,000
Cap Rate
8.94%
DSCR
1.51
Strong
Cash-on-Cash
10.01%
Monthly Payment
$4,427.972
Annual Cash Flow
$26,864.34
