1217 S Michigan Ave, Boise, ID 83706 (MLS # 98854114)
Listed with Keller Williams Realty Boise
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.
|DAYS ON MARKET||5||LAST UPDATED||8/7/2022|
|TRACT||South Boise||YEAR BUILT||1975|
|COMMUNITY||Boise SE - 0300||GARAGE SPACES||2.0|
|PROPERTY TYPE(S)||Single Family|
|School District||Boise School District #1|
|Jr. High School||East Jr|
|APPLIANCES||Dishwasher, Disposal, Gas Water Heater, Microwave, Oven/Range Freestanding, Refrigerator, Tank Water Heater|
|AREA||Boise SE - 0300|
|HEAT||Forced Air, Natural Gas|
|LOT DESCRIPTION||10000 SF - .49 AC, Garden, Sidewalks|
|LOT DIMENSIONS||125 +/-x90 +/-|
|MASTER ON MAIN||Yes|
TOTAL MONTHLY PAYMENT
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