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605 W Hays St

Boise, ID 83702
  • $2,577,777
  • STATUS: Active
  • ON SITE: 113 Days
  • MLS #: 98868389
UPDATED: 58 min ago
$2,577,777
  • 10
    BEDS
  • N/A
    ACRES
  • 8
    BATHS
  • 0
    1/2 BATHS
  • 8,560
    SQFT
  • $301
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1907
County:
Ada

School Information

Elementary School:
Middle School:
High School:
School District:
Intermountain MLS logoCourtesy of Amherst Madison.

Description

This incredible Historic 10-Unit Apartment building has been well-maintained over the years with clear pride of ownership. Unmatched prime location in the heart of desirable North End Boise. The building has a rich history and character, featuring beautiful architectural details, original custom built-in hutches & fireplaces and charming finishes including hardwood floors and trim work. The large and spacious units have gorgeous high ceilings and lots of natural light, as well as manicured grounds. The two main level units span the length of the building, and include bedroom, office, dining, sunroom, and private basement storage. This apartment also has a laundry facility and off-street parking! Amazing location with proximity out the front door to Downtown, Boise Co-op, the Capital Bldg, St. Luke's and the VA. The Building is fully leased, please see Proforma in Doc Tab with projected rent increase to be at market value and actual expenses. Rare investment opportunities like this do not come around often!

Directions: From Fort St, South on 6th, West on Hays.

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Intermountain MLS logo© 2023 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 2023-06-01T10:10:18.013.
www.idaholife.com/homes/136772242
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605 W Hays St Boise, ID 83702

  • Price: $2,577,777
  • Status: Active
  • On Site: 113 Days
  • Updated: 58 min ago
  • MLS #: 98868389
10
Beds
8
Baths
0
½ Baths
N/A
Acres
8,560
SQFT
$301
$/SQFT
1907
Built
Neighborhood:
B C O T
County:
Ada
Area:
Boise North - 0100
Elementary School:
Longfellow
Middle School:
North Jr
High School:
Boise
School District:
Boise School District #1
Property Description
This incredible Historic 10-Unit Apartment building has been well-maintained over the years with clear pride of ownership. Unmatched prime location in the heart of desirable North End Boise. The building has a rich history and character, featuring beautiful architectural details, original custom built-in hutches & fireplaces and charming finishes including hardwood floors and trim work. The large and spacious units have gorgeous high ceilings and lots of natural light, as well as manicured grounds. The two main level units span the length of the building, and include bedroom, office, dining, sunroom, and private basement storage. This apartment also has a laundry facility and off-street parking! Amazing location with proximity out the front door to Downtown, Boise Co-op, the Capital Bldg, St. Luke's and the VA. The Building is fully leased, please see Proforma in Doc Tab with projected rent increase to be at market value and actual expenses. Rare investment opportunities like this do not come around often!

Directions: From Fort St, South on 6th, West on Hays.
Exterior Features

Construction Materials BrickFrameStucco Lot Features Standard Lot 6000-9999 SfBus On City RouteSidewalks Parking Total 7 Roof Composition

Interior Features

Above Grade Finished Area Units Square Feet Appliances Stove/Range (All Units)Refrigerator (All Units) Below Grade Finished Area Units Square Feet Building Area Total 8560 Cooling Wall/Window Unit(S) Cooling YN Yes Heating Natural GasHot Water Heating YN Yes

Property Features

Association Fee 0 Association YN Yes Current Use 5+ Units Electric 350Unit 1 Separate MeterUnit 2 Separate MeterUnit 3 Separate MeterUnit 4 Separate MeterUnit 5 Separate MeterUnit 6 Separate MeterUnit 7 Separate MeterUnit 8 Separate Meter Gross Income 155484 Listing Terms CashConventional Net Operating Income 117057 Operating Expense 38426 Ownership Fee Simple Property Sub Type Apartment Tax Annual Amount 18178.08 Tax Legal Description E 5 Ft Of Lot 10 Lot 11 Blk 97 B C O T Tax Year 2022 Total Actual Rent 10767 Utilities Sewer Connected Water Source City Service

Intermountain MLS logoCourtesy of Amherst Madison: 208-391-2391.


Intermountain MLS logo© 2023 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 2023-06-01T10:10:18.013.
 
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Idaho Life Real Estate
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Intermountain MLS logoCourtesy of Amherst Madison.