1608 S Denver Ave , Boise, ID 83706
Boise, ID 83706
Description
Amazing opportunity to own & invest in SE Boise! Located just blocks away from BSU, and in close proximity to the Boise airport, Micron, the hospitals, & the lively Boise downtown scene, making this property ideal! This property has three separate apartments. All are 1 bedroom & 1 bath, with full kitchens. Each apartment has their own meter & the tenants pay for the gas & power utilities. All units have been updated within the last 10 years and the main water line from home to street has been replaced & updated. There are 2-3 parking spots behind the backyard in the alley & there is on-street parking in the front of the property. There is a new and convenient laundry facility just across the street on Broadway Ave. All 3 apartments are rented & the vacancy rate has been minimal over the last decade, due to it's incredible location! The cap rate is around 5.8% & has a potential of about 6.4%. Brand new commercial grade water heater installed 2/21/25
Details
| MLS# | 98934106 |
|---|---|
| Listing Type | For Sale |
| Style | Town House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1926 |
| Days On Site | 57 |
| Listing Provided By | Coldwell Banker Tomlinson | Alexandria Danilovitch |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 3 |
| SQ Feet | 1,740 |
| Basement | Y |
| Units | 3 |
| Zoning | R-2D |
| Acreage | 0.14 |
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Learn More About This Property
| State | ID |
|---|---|
| County | Ada |
| City | Boise |
| Zip Code | 83706 |
| Area | Boise SE |
| Community Name | Dundee |
| School District | Boise School District #1 |
| Elementary School | Boise School District #1 |
| Middle School | Boise School District #1 |
| High School | Boise School District #1 |
| Listing VS Median (In Dundee) | |
Price: $569,990 low | high Med: $699,000 SqFt: 1,740 low | high Med: 2,017 $ / SqFt: $328 low | high Med: $347 On site: 57 low | high Med: 46.000000 | |