1217 S Michigan Ave, Boise, ID 83706
- $800,000
- 10
- BD
- 3
- BA
- 3,791
- SqFt
Courtesy of Keller Williams Realty Boise
- List Price
- $800,000
- Days on Market
- 3
- Status
- ACTIVE
- MLS#
- 98854114
- Region
- Boise SE
- Bedrooms
- 10
- Subdivision
- South Boise
- Bathrooms
- 3
- County
- Ada
- Sq. Ft
- 3,791
- Level
- One
- Garage Spaces
- 2
- Year Built
- 1975
- Acres
- 0.25
- Age
- 31 - 50 Years
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.
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Additional Information
- Land Use
- Single Family
- Living Area
- 3,791
- Roof
- Composition
- Construction
- Brick
- Fenced
- Full, Metal, Wood
- Lot Features
- 10000 SF - .49 AC, Garden, Sidewalks
- Air Conditioning
- Central Air
- 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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