Unique Flexible Investment Opportunity | Caldwell Rim Area | Multiple Income Streams Exceptional mixed-use investment opportunity across from the prestigious Caldwell Rim & its surrounding million-dollar homes. This 10 bed, 7 bath income-producing property generates over $7,000 per month in rental income & delivers a 7.3% cap rate at the current asking price. The prop features a main residence operated as a room-by-room rental for quality tenants seeking affordable housing alternatives, plus 2 addtl income-producing units: a unique 1,500 SF studio apt spanning 3 lvls & an attached 2-bdrm ADU. Ideal for investors seeking strong cash flow & long-term appreciation, or owner-occupants looking to house hack by living in the main home while using the additional units to offset mortgage & ownership costs. With multiple income streams, flexible living arrangements & premier location in one of Caldwell’s most desirable neighborhoods, this prop offers a rare combination of immediate returns, stability & future upside
| MLS # | 98992078 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1970 |
| Days On Site | 62 |
| Listing Provided By | Coldwell Banker Tomlinson | Edenn Jablonski |
| Bed(s) | 10 |
|---|---|
| Bath(s) | 7 |
| SQ Feet | 6,819 |
| Units | 10 |
| Acreage | 0.45 |
| Cooling | Wall/Window Unit(s) |
|---|---|
| Cooling Yes / No | Yes |
| Heating | Baseboard, Radiant |
| Heating Yes / No | Yes |
| Appliances | Disposal (Some Units), Stove/Range (Some Units), Refrigerator (Some Units), Washer/Dryer (Some Units) |
| Laundry Features | Washer/Dryer Hookups (Some Units) |
| Roof | Composition |
|---|---|
| Lot Features | 10000SF - .49, Bus on City Route, Garden, R.V. Parking |
| Construction Materials | Brick |
| Parking Features | Attached, RV Access/Parking |
|---|
| Utilities | Sewer Connected |
|---|
| Tax Year | 2025 |
|---|---|
| Tax Annual Amount | 0 |
| Tax Legal Description | 15-4N-3W NE North Hill Sub Lot 9 Blk 1 |
| State | ID |
|---|---|
| County | Canyon |
| City | Caldwell |
| Zip Code | 83605 |
| Area | Canyon |
| Community Name | North Hill Sub |
| School District | Caldwell School District #132 |
| Elementary School | Sacajawea |
| High School | Caldwell |
| Listing VS Median (in North Hill Sub) | |
Price: $799,900 low | high Med: $487,450 sqft: 6,819 low | high Med: 4,040 $ / sqft: $117 low | high Med: $128 On site: 62 low | high Med: 79 | |
| State | ID |
|---|---|
| County | Canyon |
| City | Caldwell |
| Zip Code | 83605 |
| Area | Canyon |
| Community Name | North Hill Sub |
| School District | Caldwell School District #132 |
| Elementary School | Sacajawea |
| High School | Caldwell |
| Listing VS Median (in North Hill Sub) | |
Price: $799,900 low | high Med: $487,450 sqft: 6,819 low | high Med: 4,040 $ / sqft: $117 low | high Med: $128 On site: 62 low | high Med: 79 | |