1217 S Michigan Ave, Boise, ID 83706

$800,000
8
BD
3,791
SqFt

Courtesy of Keller Williams Realty Boise

List Price
$800,000
Days on Market
8
Status
ACTIVE
MLS#
98854119
Region
Boise SE
Bedrooms
8
Subdivision
South Boise
County
Ada
Sq. Ft
3,791
Year Built
1975
Acres
0.25
Age
1975

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.

Additional Information

Land Use
Single Family
Living Area
3,791
Garagetype
Other, Finished Driveway
Roof
Composition
Construction
Brick
Fenced
Full, Metal, Wood
Lot Features
10000SF - .49, Sidewalks
Air Conditioning
Central Air, All Units
Heating
Forced Air, Natural Gas
Water
City Service
School District
Boise School District #1
Elementary School
Garfield
Middle School
East Jr
High School
Timberline
Taxes
$6,179
Tax Year
2021
Parcel Number
R8048010750


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