718 S Roosevelt St, Boise, ID 83705

$549,900

Courtesy of Amherst Madison

List Price
$549,900
Days on Market
3
Status
ACTIVE
MLS#
98922863
Region
Boise Bench
Subdivision
State Sub
County
Ada
Acres
0.50

Property Description

Amazing Development Location on the Boise Depot Bench (Close to Downtown, BSU, etc), R2 zoning with no cap on density, borders a waterway, income producing while you decide which development route you want to take. 716/718 S Roosevelt is a .442 acre parcel zoned R2 (No maximum Density Restriction). It adjoins a .105 acre ACHD right of way, which can be purchased and added to overall parcel size to help with parking and building envelope requirements for a larger project. Lots of options here...Multi family, Building Lots, Apartments, or keep as is... There are two single family homes that have undergone interior cosmetic renovations for tenant placement month to month while working through the entitlement process. Rental income is $2300 per month. Interior upgrades included New Paint, Doors, LVP, Carpet, etc

Additional Information

Land Use
2-4 Units, 5+ Units
Fenced
Partial
Lot Features
1/2 Acre - .99 Acres, Level
Water
City Service
Sewer
Sewer-Exist
Taxes
$4,624
Tax Year
2024
Parcel Number
R8112003665


Information courtesy of Intermountain Multiple Listing Service. Information provided by IMLS is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers' personal, non‐commercial use, 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. All listings provided by IMLS are marked with the official IMLS IDX icon.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks