$615,000 Price Analysis    ♡   Boise, ID 83706 3 bed 3 bath 1,680 SqFt ($366/SqFt) 6,098SqFt lot. Built 1926 Listed 2024-07-25, Taxes $4,690 | Ⓧ USDA Ineligible due to location near Boise |
This triplex property is fantastic!
Having 3 separate apartments each wth 1 bedroom, 1 bathroom and full-size kitchens and bathrooms is quite convenient. The proximity to Boise State adds significant va lue, offering a steady stream of potential student renters. The location's appeal is further enhanced by its closeness to hospitals and Micron, making it an attractive option for professionals as well. With no CCandRs, the flexibility to use the property as long-term or short-term rentals or even a combination, provides exceptional versatility for investment strategies.
Additionally, living in one apartment while renting out the other two could be an ideal setup for someone looking to offset their living expenses. The complete remodels over the last few years will attract renters and the replacement of the main water line (saving $30, 000) that will reduce future maintenance costs to the investor are substantial benefits. This property is a solid investment with plenty of opportunities for generating income!
Presented by Alexandria Danilovitch at
Coldwell Banker Tomlinson.
Property MLS #98918655 from IntermountainMLS
Bedrooms On Main Level: 1
Primary Bedroom Level: Main
Bedroom 2 Level: Lower
Bedroom 3 Level: Lower
Full Bathrooms: 3
Bathrooms On Main Level: 1
Walk-In Closet(s)
Breakfast Bar
Laminate Counters
Solid Surface Counters
Wood/Butcher Block Counters
Disposal
Microwave
Oven/Range Freestanding
Refrigerator
Heating Features: Electric
Heating: Yes
Basement Description: Daylight, Walk-Out Access
Road Frontage Type: Easement
Road Surface Type: Paved
Lot Size Acres: 0.14
Lot Size Dimensions: 125x50
Lot Size Square Feet: 6098
Calculated Total Monthly Association Fees: 0
Elementary School District: Boise School District #1
High School: Timberline
High School District: Boise School District #1
Middle School: East Jr
Middle or Junior School District: Boise School District #1
Map directions Map directions Map directions Map directionsSource Listing Status: Active
Tax Exemptions: Home Owner Exempt
County: Ada
Current Use: 2-4 Units
Directions: From Broadway, W on Warren, Left on Denver
Tax Year: 2023
Source Property Type: Residential
Source Neighborhood: Dundee
Parcel Number: R1955001540
Subdivision: Dundee
Zoning Description: R-2
Timeshare: No
Property Subtype: Single Family Residence
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $339,600 + $200,200 $539,800 | $4,690 |
| 2021 | $266,400 + $140,000 $406,400 | $4,450 |
| 2020 | $199,200 + $122,200 $321,400 | $3,821 |
| 2019 | $182,400 + $118,800 $301,200 | $4,092 |
| 2018 | $181,100 + $71,500 $252,600 | $3,841 |
| 2017 | $142,900 + $71,500 $214,400 | $1,835 |
| 2016 | $123,800 + $66,000 $189,800 | $1,563 |
| 2015 | $110,300 + $60,500 $170,800 | $1,447 |
| 2014 | $82,100 + $60,500 $142,600 | $2,456 |
| 2013 | $73,500 + $55,000 $128,500 | $2,387 |
| 2012 | $66,100 + $56,000 $122,100 | $2,384 |
| 2010 | $82,700 + $56,000 $138,700 | $2,517 |
| 2009 | $97,700 + $70,000 $167,700 | $2,477 |
| 2009 | $86,900 + $59,500 $146,400 | $2,477 |
| 2008 | $102,100 + $91,000 $193,100 | $2,547 |
| 2006 | $90,800 + $91,000 $181,800 | $2,315 |
$615,000
IntermountainMLS
Listed 2024-06-07
$615,000
IntermountainMLS
Sold 2014-09-10
$0
Public Record
Year Built: 1926
Above Grade Finished Area: 840
Above Grade Finished Area Units: Square Feet
BelowGradeFinishedArea: 840
Below Grade Sqft Area Units: Square Feet
Building Area Total: 1680
Construction Materials: Stucco
Foundation Details: Slab
Levels: Single with Below Grade
Living Area Units: Square Feet
Property Age: 98
Roof: Metal
Cable Connected
Broadband Internet
Water Source: City Service
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.