$557,900
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1608 S Denver Ave Boise, ID 83706
3 Beds
3 Baths
1,740 SqFt
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,740 sqft
Price per Sqft $320
Subdivision Dundee
MLS Listing ID 98934106
Sold Date 06/20/25
Bedrooms 3
HOA Y/N No
Year Built 1926
Annual Tax Amount $5,839
Tax Year 2023
Lot Size 6,098 Sqft
Acres 0.14
Property Sub-Type Triplex
Source IMLS 2
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
Direction From Broadway Ave, W on Howe St, S on S Denver
Rooms
Basement Walk-Out Access, Daylight
Interior
Heating Electric
Cooling Wall/Window Unit(s), All Units
Flooring Engineered Vinyl Plank
Fireplace No
Appliance Disposal (All Units), Stove/Range (All Units), Refrigerator (All Units), Washer/Dryer (No Units)
Laundry Washer/Dryer Hookups (No Units)
Exterior
Fence Full
Community Features 2-4 Units
Roof Type Metal
Total Parking Spaces 3
Building
Lot Description Standard Lot 6000-9999 SF, Bus on City Route, Irrigation
Faces From Broadway Ave, W on Howe St, S on S Denver
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
Tax ID R1955001540
Ownership Fee Simple
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
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