2251 S Pond Street, Boise, ID 83705 | 98850911 | Engel & Völkers Boise

2251 S Pond Street $4,200,000

    Close

    2251 S Pond Street Boise, ID 83705

    • 0 Beds
    • 0 Baths
    • 14,592 sq. ft.
    • Multi-Family
    • MLS# 98850911
    Favorite Share
    Views: 26 Days On Site: 201

    Go Tour This Listing

    Schedule A Showing

    Property Details

    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, brand 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. The newly rented units are renting at $1,425 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. This property is being offered as part of a portfolio or as a separate investment.

    • General Features
      • Area Boise Bench - 0400
      • County Ada
      • Age 1974
      • Foreclosure No
      • Land Use 5+ Units
      • Potential Short Sale No
      • REO Bank Owned No
      • Sale Rent For Sale
      • Subdivision 0 Not Applic.
      • Type Apartment
      • Year Built 34
    • Building Features
      • Apx SqFt 14,592
      • Roof Composition Shingle, Other
      • Refrigerator All Units
      • Stove/Range All Units
      • Heating Forced Air
      • Construction Frame, Stucco
    • Property Features
      • Lot Size Length irr
      • Lot Size Width irr
    • Schools
      • School District Boise School District #1
      • Assigned Jr High South Boise Jr
      • Assigned Sr High Borah
      • Assigned Grade School Hillcrest

    Contact

    Catherine Bonaminio

    Catherine Bonaminio

    Real Estate Advisor

    SP47682

    Engel & Völkers Boise

    Cell: +1 208-917-0040

    Neighborhood

    83705 (Boise) Demographics

    36 Median Age
    2,027 Population Density (per sq. mile)
    42% College Educated
    $51,547 Estimated Median Income
    6,673 Estimated Total Home Owners
    5,594 Estimated Total Renters
    54% / 46% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    29,157 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $0 Median Sales Price
    0 Homes Sold
    18 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $4,200,000
        7/12/2022 10:12:00 PM New in Database Source: Multiple Listing Service New Value: $4,200,000

        Payment Calculator

        $0 per month
        Year Fixed, Interest
        Principal and Interest
        $0
        Property Taxes
        Homeowners' Insurance

        Home Price
        Down Payment
        * This payment calculator is intended for educational and planning purposes only.
        ** Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        MLS Logo This representation is based in whole or in part on content supplied by Intermountain Multiple Listing Service, Inc (IMLS). Information provided by IMLS is deemed reliable but not guaranteed. All listings provided by IMLS are marked with the official IMLS IDX logo. IMLS may not reflect all real estate activity in the market. All properties are subject to prior sale or withdrawal. Data may not be reproduced or redistributed and may not be used for any purpose other than individual consumer's use. Copyright 2023 Intermountain Multiple Listing Service. All rights reserved.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.