- Residential Income
- 5 Beds
- 3 Baths
- 3,456 SqFt
101 / 103 Minot Street, Middleton
$1,199,000
Listing Office: Silvercreek Realty Group
Find Your Duplex for Sale Boise
Duplexes in Boise can make great investments. There are many reasons investing in a duplex can make sound financial sense. For an owner-occupant, it offers a unique opportunity to get started in Boise real estate investing with only a minimal down payment. Purchasing a duplex with the intent of living in the property will usually qualify you for special financing, including an FHA loan. Meaning your down payment could start as low as 3.5%.
Duplexes for Sale in Boise Idaho
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Listing Office: Silvercreek Realty Group
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Browse all Boise income property for sale.
Why Choose a Boise Duplex for Sale
When buying a duplex as an owner-occupant you would usually be able to use the rental income from the second unit to help you qualify for the purchase. Living in one side and renting the other means your tenant may be paying a majority of, or even most of your mortgage payment. Although the benefits of home ownership, including long-term appreciation, accrue to you.
As a non-owner occupant, Boise Duplexes allow you to make a larger investment than you otherwise could with a single-family home. Typically speaking, duplexes for sale in Boise Idaho offer two sources of rent with a lower operating cost than owning two separate houses. In other words, you will receive a better return on your money, better income, with a multi-family home.
One of the most significant benefits of owning a duplex is lower potential vacancy rates. Even if one tenant leaves, the other side of your property will still be providing you with income.
If you would like to speak to an expert about local real estate or a Boise duplex for sale, contact us online or call (208) 391-4466.