Off-Market Property at 2115 Cleveland Blvd, Caldwell, ID 83605

2115 Cleveland Blvd, Caldwell, ID 83605

$500,000

Description

Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $173 per day and long-term for an average of $2,168 per month, based on similar listings in the area. Estimated short-term cap rate of -2.0%. Estimated long-term cap rate of -1.6%. Welcome to this unique investment opportunity in Caldwell, Idaho. This charming, remodeled duplex is situated on a commercially zoned (C2) parcel, offering unparalleled potential for both residential and commercial use. Located directly across the street from the prestigious College of Idaho, this property benefits from high visibility and steady foot traffic, making it ideal for a variety of business ventures or continued residential rental. With its strategic location and versatile zoning, this property offers significant income potential and future development opportunities. Whether you’re looking to expand your real estate portfolio, start a new business, or simply capitalize on the prime location, this remodeled duplex offers endless possibilities. Don’t miss out on this rare opportunity in the heart of Caldwell.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$2186
Bedrooms
4
Bathrooms
2
SQFT
2,092
Furnished
N/A
Year built
1947
Listing Status
Off Market
MLS
98919482

Short-term Rental Potential
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$24,240

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$239

Price/SQFT

Long-term Rental Potential
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$26,016

Revenue
Expenses
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Profit
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Cap rate
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$2,168/mo

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