1608 S Denver Ave Pending Save Request In-Person Tour Request Virtual Tour
Boise,ID 83706
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Pending
Purchase Type For Sale
Square Footage 1,740 sqft
Price per Sqft $320
Subdivision Dundee
MLS Listing ID 98934106
Bedrooms 3
Year Built 1926
Annual Tax Amount $5,839
Tax Year 2023
Lot Size 6,098 Sqft
Property Sub-Type Triplex
Property Description
Amazing opportunity to own & invest in SE Boise! Located just blocks away from BSU, and in close proximity to the Boise airport, Micron, the hospitals, & the lively Boise downtown scene, making this property ideal! This property has three separate apartments. All are 1 bedroom & 1 bath, with full kitchens. Each apartment has their own meter & the tenants pay for the gas & power utilities. All units have been updated within the last 10 years and the main water line from home to street has been replaced & updated. There are 2-3 parking spots behind the backyard in the alley & there is on-street parking in the front of the property. There is a new and convenient laundry facility just across the street on Broadway Ave. All 3 apartments are rented & the vacancy rate has been minimal over the last decade, due to it's incredible location! The cap rate is around 5.8% & has a potential of about 6.4%. Brand new commercial grade water heater installed 2/21/25
Location
State ID
County Ada
Area Boise Se - 0300
Zoning R-2D
Interior
Heating Electric
Cooling Wall/Window Unit(s),All Units
Flooring Engineered Vinyl Plank
Laundry Washer/Dryer Hookups (No Units)
Exterior
Fence Full
Community Features 2-4 Units
Roof Type Metal
Building
Lot Description Standard Lot 6000-9999 SF,Bus on City Route,Irrigation
Foundation Slab
Water City Service
Structure Type Frame,Stucco
New Construction No
Schools
Elementary Schools Garfield
High Schools Timberline
School District Boise School District #1
Others
Acceptable Financing Cash,Consider All,Conventional,1031 Exchange,FHA,Private Financing Available,VA Loan,Other
Listing Terms Cash,Consider All,Conventional,1031 Exchange,FHA,Private Financing Available,VA Loan,Other