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1217 S Michigan Ave

Boise, ID 83706
  • $800,000
  • STATUS: Active
  • ON SITE: 3 Days
  • MLS #: 98854114
New On Site 3 Days Ago
UPDATED: 192 min ago
$800,000
  • 10
    BEDS
  • 0.25
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 3,791
    SQFT
  • $211
    $/SQFT
Neighborhood:
Type:
Single-Family Home
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 Jon Gosche Real Estate, LLC 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 2022-08-09T00:10:42.69.
www.boisemeridianrealestate.com/homes/131905725
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1217 S Michigan Ave Boise, ID 83706

  • Price: $800,000
  • Status: Active
  • On Site: 3 Days
  • Updated: 192 min ago
  • MLS #: 98854114
10
Beds
3
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

Construction Materials Brick Covered Spaces 2 Fencing FullMetalWood Levels One Lot Features 10000 Sf - .49 AcGardenSidewalks Parking Total 2 Roof Composition

Interior Features

Above Grade Finished Area 3791 Above Grade Finished Area Units Square Feet Appliances Gas Water HeaterTank Water HeaterDishwasherDisposalMicrowaveOven/Range FreestandingRefrigerator Below Grade Finished Area 0 Below Grade Finished Area Units Square Feet Building Area Total 3791 Cooling Central Air Cooling YN Yes Fireplace YN No Flooring CarpetVinyl/Laminate Flooring Garage YN Yes Heating Forced AirNatural Gas Heating YN Yes Interior Features Pantry Main Level Bathrooms 3 Main Level Bedrooms 10 Room Bedroom2 Area 187 Room Bedroom2 Level Main Room Bedroom3 Area 156 Room Bedroom3 Level Main Room Bedroom4 Area 144 Room Bedroom4 Level Main Room Bedroom5 Area 144 Room Bedroom5 Level Main Room Kitchen Area 144 Room Kitchen Level Main Room Living Room Area 612 Room Living Room Level Main Room Master Bedroom Area 150 Room Master Bedroom Level Main

Property Features

Association Fee 0 Current Use Single Family Listing Terms CashConventional Lot Size Dimensions 125 +/-X90 +/- Ownership Fee Simple Property Sub Type Single Family Residence 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 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 Jon Gosche Real Estate, LLC 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 2022-08-09T00:10:42.69.
 
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Jon Gosche Real Estate, LLC
Boise ID,
Intermountain MLS logoCourtesy of Keller Williams Realty Boise.