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1608 S Denver Ave

Boise, ID 83706
  • $569,990
  • STATUS: Pending
  • ON SITE: 19 Days
  • MLS #: 98934106
Pending
UPDATED: 41 min ago
$569,990
  • 3
    BEDS
  • 0.14
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 1,740
    SQFT
  • $328
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1926
County:
Ada

School Information

Elementary School:
Middle School:
High School:
School District:
Intermountain MLS logoCourtesy of Coldwell Banker Tomlinson.

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%.

Directions: From Broadway Ave, W on Howe St, S on S Denver

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Intermountain MLS logo© 2025 Intermountain Multiple Listing Service, Inc. (IMLS). Real estate listings held by brokerage firms other than Michael Ryan Real Estate are marked with the IMLS IDX logo and information about them includes the name of the listing brokerage. Information provided by IMLS is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Data last updated 2025-02-12T07:10:57.177.
www.michaelryanrealestate.com/homes/159692751
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1608 S Denver Ave Boise, ID 83706

  • Price: $569,990
  • Status: Pending
  • On Site: 19 Days
  • Updated: 41 min ago
  • MLS #: 98934106
3
Beds
3
Baths
0
½ Baths
0.14
Acres
1,740
SQFT
$328
$/SQFT
1926
Built
Neighborhood:
Dundee
County:
Ada
Area:
Boise Se - 0300
Elementary School:
Garfield
Middle School:
East Jr
High School:
Timberline
School District:
Boise School District #1
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%.

Directions: From Broadway Ave, W on Howe St, S on S Denver
Exterior Features

Construction Materials FrameStucco Fencing Full Foundation Details Slab Lot Features Standard Lot 6000-9999 SFBus on City RouteIrrigation Parking Total 3 Roof Metal

Interior Features

Above Grade Finished Area Units Square Feet Appliances Disposal (All Units)Stove/Range (All Units)Refrigerator (All Units)Washer/Dryer (No Units) Basement DaylightWalk-Out Access Below Grade Finished Area Units Square Feet Building Area Total 1740 Cooling All UnitsWall/Window Unit(s) Cooling YN Yes Flooring Engineered Vinyl Plank Heating Electric Heating YN Yes Laundry Features Washer/Dryer Hookups (No Units)

Property Features

Association Fee 0 Current Use 2-4 Units Electric Unit 1 Separate MeterUnit 2 Separate MeterUnit 3 Separate Meter Gas Unit 1 Separate MeterUnit 2 Separate MeterUnit 3 Separate Meter Listing Terms CashConsider AllConventional1031 ExchangeFHAPrivate Financing AvailableVA LoanOther Lot Size Dimensions 125x50 Ownership Fee Simple Property Sub Type Triplex Tax Annual Amount 5839.82 Tax Legal Description See Exhibit A Abbreviated legal: LOTS 27/28 BLK 32 DUNDEE 1ST SUB 03N/02E/15 Tax Year 2023 Total Actual Rent 2765 Water Source City Service Zoning Description R-2D

Intermountain MLS logoCourtesy of Coldwell Banker Tomlinson: 208-336-3393.


Intermountain MLS logo© 2025 Intermountain Multiple Listing Service, Inc. (IMLS). Real estate listings held by brokerage firms other than Michael Ryan Real Estate are marked with the IMLS IDX logo and information about them includes the name of the listing brokerage. Information provided by IMLS is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Data last updated 2025-02-12T07:10:57.177.
 
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3611 North Locust Grove Road
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Intermountain MLS logoCourtesy of Coldwell Banker Tomlinson.