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1217 S Michigan Ave

Boise, ID 83706
  • $800,000
  • STATUS: Pending
  • ON SITE: 5 Days
  • MLS #: 98854119
Pending
UPDATED: 72 min ago
$800,000
  • 8
    BEDS
  • 0.25
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,791
    SQFT
  • $211
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1975
County:
Ada

School Information

Elementary School:
Middle School:
High School:
School District:
Intermountain MLS logoCourtesy of Keller Williams Realty Boise.

Description

Exciting investment opportunity one block to Boise State University. This unique "H-shaped" property was purchased and turned into a fraternity house and has a CUP (conditional use permit) for this use. This property is a single family home that is currently being utilized as a co-living building with 10 private bedrooms (comprised of 3 separate wings), 3 communal bathrooms, and communal kitchen/living/dining areas. Set on a prime ~.25-acre lot and currently zoned R-2D. The current nonconforming usage is great for easy and instant cash flow with tenants and property management company in place. Tenants each have a private bedroom (note: not all bedrooms have closets) and share common areas including the kitchen (fully furnished with appliances), living hall, bathrooms (each bedroom wing has a bathroom), and laundry facilities. This location is ideal for student/staff housing with campus just down the street.

Directions: N Capitol Blvd, S Boise Ave, L Beacon St, R Michigan Ave

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Intermountain MLS logo© 2022 Intermountain Multiple Listing Service, Inc. (IMLS). Real estate listings held by brokerage firms other than Build Idaho | Fathom Realty 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 2022-08-11T16:10:27.307.
www.build-idaho.com/homes/131905729
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1217 S Michigan Ave Boise, ID 83706

  • Price: $800,000
  • Status: Pending
  • On Site: 5 Days
  • Updated: 72 min ago
  • MLS #: 98854119
8
Beds
0
Baths
0
½ Baths
0.25
Acres
3,791
SQFT
$211
$/SQFT
1975
Built
Neighborhood:
South Boise
County:
Ada
Area:
Boise Se - 0300
Elementary School:
Garfield
Middle School:
East Jr
High School:
Timberline
School District:
Boise School District #1
Property Description
Exciting investment opportunity one block to Boise State University. This unique "H-shaped" property was purchased and turned into a fraternity house and has a CUP (conditional use permit) for this use. This property is a single family home that is currently being utilized as a co-living building with 10 private bedrooms (comprised of 3 separate wings), 3 communal bathrooms, and communal kitchen/living/dining areas. Set on a prime ~.25-acre lot and currently zoned R-2D. The current nonconforming usage is great for easy and instant cash flow with tenants and property management company in place. Tenants each have a private bedroom (note: not all bedrooms have closets) and share common areas including the kitchen (fully furnished with appliances), living hall, bathrooms (each bedroom wing has a bathroom), and laundry facilities. This location is ideal for student/staff housing with campus just down the street.

Directions: N Capitol Blvd, S Boise Ave, L Beacon St, R Michigan Ave
Exterior Features

Carport YN No Construction Materials Brick Fencing FullMetalWood Lot Features 10000Sf - .49Sidewalks Open Parking YN Yes Parking Features OtherFinished Driveway Parking Total 6 Roof Composition

Interior Features

Above Grade Finished Area Units Square Feet Appliances Stove/Range (No Units)Refrigerator (No Units)Washer/Dryer (No Units) Below Grade Finished Area Units Square Feet Building Area Total 3791 Cooling Central AirAll Units Cooling YN Yes Garage YN Yes Heating Forced AirNatural Gas Heating YN Yes Laundry Features Washer/Dryer Hookups (No Units)

Property Features

Association Fee 0 Current Use Single Family Listing Terms CashConventional Lot Size Dimensions 125 +/-X90 +/- Ownership Fee Simple Property Sub Type Other Tax Annual Amount 6179.76 Tax Legal Description Lots 9 To 11 Inc N 15 Feet Of Lot 12 Blk 8 South Boise 1st Sub Tax Year 2021 Total Actual Rent 4195 Utilities Sewer Connected Water Source City Service

Intermountain MLS logoCourtesy of Keller Williams Realty Boise.


Intermountain MLS logo© 2022 Intermountain Multiple Listing Service, Inc. (IMLS). Real estate listings held by brokerage firms other than Build Idaho | Fathom Realty 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 2022-08-11T16:10:27.307.
 
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Build Idaho | Fathom Realty
131 SW 5th
Meridian ID, 83646
Intermountain MLS logoCourtesy of Keller Williams Realty Boise.