2251 Pond Street, Boise ID, 83705-3837

Pending

2251 Pond Street

Boise ID, 83705-3837

$3,125,000

$214.16 per sqft

Pending

14,592 sqft

Condo

Built in 1974

Courtesy of Gregory Davis, KW Commercial

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, 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. Many units are renting at $1,600+ 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. Buyer may implement a RUBS charge to further increase income and recoup utility cost for water, sewer, and trash.

98902895

MLSⓇ ID

March 11, 2024

Listed

May 9, 2024

Updated

Map

2251 Pond Street
Boise ID, 83705-3837

Interior Features

Appliances: Disposal (Some Units), Stove/Range (All Units), Refrigerator (All Units), Washer/Dryer (All Units)
Laundry Description: Washer/Dryer Hookups (All Units)
Fireplace: No
Cooling: Yes
Cooling Description: Central Air, All Units
Heating: Yes
Heating Description: Forced Air

Exterior/Building Features

Lot Size: 1.06 Acres
Lot Features: 1 - 499 Acres, Sidewalks
Roof: Other

School Information

School District: Boise School District #1
High School: Borah
Elementary School: Hillcrest

Other Property Details

Area Name: Boise Bench - 0400
Taxes: $29,495
Tax Frequency: Annually
Days on Market: 43
Garage: No
Parking Total: 34
View: No
County: Ada
Water Source: City Service
Pool: No
Buyer Agency Compensation: 2%

Listing History

Date	Event	Price
4/24/2024	Pending	—

Courtesy of KW Commercial, Gregory Davis,
Listing Contact: 208-739-3175

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Data last updated 2:16 AM UTC, 5/9/2024

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