2251 S Pond Street, Boise, ID

$4,200,000

Previous Next

14,592

Square feet

1.06

Acres

About 2251 S Pond Street

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.

Features of 2251 S Pond Street

MLS® # 98850911
Price $4,200,000
Bathrooms 0.00
Square Footage 14,592
Acres 1.06
Year Built 1974
Type Residential Income
Sub-Type Apartment
Status Active

Community Information

Address 2251 S Pond Street
Area Boise Bench - 0400
Subdivision 0 Not Applic.
City Boise
County Ada
State ID
Zip Code 83705

Amenities

Parking Spaces 34
Parking Finished Driveway
Is Waterfront No
Has Pool No

Interior

Appliances Stove/Range (All Units), Refrigerator (All Units)
Heating Forced Air
Cooling Central Air
Fireplace No

Exterior

Lot Description 1 - 4.99 Acres
Roof Composition, Other

School Information

District Boise School District #1
Elementary Hillcrest
Middle South Boise Jr
High Borah

Additional Information

Date Listed July 12th, 2022
Days on Market 44
Zoning R-2
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeKW Commercial

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?