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1608 S Denver Ave

Boise, ID 83706
  • $615,000
  • STATUS: Active
  • ON SITE: 119 Days
  • MLS #: 98913349
UPDATED: 11 min ago
$615,000
  • 3
    BEDS
  • 0.14
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 1,740
    SQFT
  • $353
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1926
County:
Ada

School Information

Elementary School:
Middle School:
High School:
School District:
Intermountain MLS logoCourtesy of Coldwell Banker Tomlinson.

Description

This triplex property is fantastic! Having 3 separate apartments each with 1 bedroom, 1 bathroom, and full-size kitchens and bathrooms is quite convenient. The proximity to Boise State adds significant value, offering a steady stream of potential student renters. The location's appeal is further enhanced by its closeness to hospitals and Micron, making it an attractive option for professionals as well. With no CC&Rs, the flexibility to use the property as long-term or short-term rentals, or even a combination, provides great versatility for investment strategies. Additionally, living in one apartment while renting out the other two could be an ideal setup for someone looking to offset their living expenses. The complete remodels over the last few years will attract renters and the replacement of the main water line (saving $30,000) that will reduce future maintenance costs to the investor are substantial benefits. This property is a solid investment with plenty of opportunities for generating income!

Directions: From Broadway, W on W Warren St, N on S Denver

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Intermountain MLS logo© 2024 Intermountain Multiple Listing Service, Inc. (IMLS). Real estate listings held by brokerage firms other than Idaho Life Real Estate are marked with the IMLS IDX logo and information about them includes the name of the listing brokerage. Information provided by IMLS is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Data last updated 2024-10-05T21:10:40.247.
www.idaholife.com/homes/151448946
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1608 S Denver Ave Boise, ID 83706

  • Price: $615,000
  • Status: Active
  • On Site: 119 Days
  • Updated: 11 min ago
  • MLS #: 98913349
3
Beds
3
Baths
0
½ Baths
0.14
Acres
1,740
SQFT
$353
$/SQFT
1926
Built
Neighborhood:
Dundee
County:
Ada
Area:
Boise Se - 0300
Elementary School:
Garfield
Middle School:
East Jr
High School:
Timberline
School District:
Boise School District #1
Property Description
This triplex property is fantastic! Having 3 separate apartments each with 1 bedroom, 1 bathroom, and full-size kitchens and bathrooms is quite convenient. The proximity to Boise State adds significant value, offering a steady stream of potential student renters. The location's appeal is further enhanced by its closeness to hospitals and Micron, making it an attractive option for professionals as well. With no CC&Rs, the flexibility to use the property as long-term or short-term rentals, or even a combination, provides great versatility for investment strategies. Additionally, living in one apartment while renting out the other two could be an ideal setup for someone looking to offset their living expenses. The complete remodels over the last few years will attract renters and the replacement of the main water line (saving $30,000) that will reduce future maintenance costs to the investor are substantial benefits. This property is a solid investment with plenty of opportunities for generating income!

Directions: From Broadway, W on W Warren St, N on S Denver
Exterior Features

Construction Materials Stucco Fencing Wood Foundation Details Slab Lot Features Standard Lot 6000-9999 SFBus on City Route Parking Total 3 Roof Metal

Interior Features

Above Grade Finished Area Units Square Feet Appliances Disposal (All Units)Stove/Range (All Units)Refrigerator (All Units)Washer/Dryer (No Units) Basement Walk-Out Access Below Grade Finished Area Units Square Feet Building Area Total 1740 Cooling Wall/Window Unit(s)All Units Cooling YN Yes Flooring Engineered Vinyl Plank Heating Electric Heating YN Yes Laundry Features Washer/Dryer Hookups (No Units)

Property Features

Association Fee 0 Current Use 2-4 Units Electric Unit 1 Separate MeterUnit 2 Separate MeterUnit 3 Separate Meter Gas Unit 1 Separate MeterUnit 2 Separate MeterUnit 3 Separate Meter Gross Income 33000 Listing Terms CashConsider AllConventionalOther Lot Size Dimensions 125x50 Ownership Fee Simple Property Sub Type Triplex Tax Annual Amount 5839.82 Tax Legal Description See Exhibit A; Abbreviated legal: LOTS 27/28 BLK 32 DUNDEE 1ST SUB 03N/02E/15 Tax Year 2023 Total Actual Rent 1925 Utilities Sewer Connected Water Source City Service Zoning Description City of Boise R2-D

Intermountain MLS logoCourtesy of Coldwell Banker Tomlinson: 208-672-0447.


Intermountain MLS logo© 2024 Intermountain Multiple Listing Service, Inc. (IMLS). Real estate listings held by brokerage firms other than Idaho Life Real Estate are marked with the IMLS IDX logo and information about them includes the name of the listing brokerage. Information provided by IMLS is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Data last updated 2024-10-05T21:10:40.247.
 
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Idaho Life Real Estate
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Intermountain MLS logoCourtesy of Coldwell Banker Tomlinson.