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722 W Franklin St

Boise, ID 83702
  • $2,399,000
  • STATUS: Active
  • ON SITE: 136 Days
  • MLS #: 98911269
UPDATED: 52 min ago
$2,399,000
  • 8
    BEDS
  • 0.28
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,029
    SQFT
  • $477
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1890
County:
Ada

School Ratings & Info

Intermountain MLS logoCourtesy of A.V. West.

Description

Fantastic location!, just two blocks behind the capital, 3 blocks to downtown 8th street, 2 blocks to the Boise Co-Op and a block from St. Johns Cathedral. This 1890's Victorian that was once owned by the Lemp Family has been completely updated and remodeled. These 7 individual apartments come fully furnished making this a turnkey short term rental opportunity. This building has been completely updated with new electrical, plumbing, ductless mini-splits, newly connected to city geothermal heating, new hardwood and marble weave tile floors in all the apartments. Newly tiled showers with glass doors. All the kitchens are new with granite counters, ducted range hoods, disposals and SS appliances. All windows and doors with their hardware have been refurbished. Recently rezoned MX1, this property now boasts significant expansion opportunities.

Directions: From downtown, N on 8th street to the property

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Intermountain MLS logo© 2024 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 2024-10-05T18:10:27.487.
www.michaelryanrealestate.com/homes/150788274
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722 W Franklin St Boise, ID 83702

  • Price: $2,399,000
  • Status: Active
  • On Site: 136 Days
  • Updated: 52 min ago
  • MLS #: 98911269
8
Beds
0
Baths
0
½ Baths
0.28
Acres
5,029
SQFT
$477
$/SQFT
1890
Built
Neighborhood:
Boise North - 0100
County:
Ada
Area:
Boise North - 0100
Property Description
Fantastic location!, just two blocks behind the capital, 3 blocks to downtown 8th street, 2 blocks to the Boise Co-Op and a block from St. Johns Cathedral. This 1890's Victorian that was once owned by the Lemp Family has been completely updated and remodeled. These 7 individual apartments come fully furnished making this a turnkey short term rental opportunity. This building has been completely updated with new electrical, plumbing, ductless mini-splits, newly connected to city geothermal heating, new hardwood and marble weave tile floors in all the apartments. Newly tiled showers with glass doors. All the kitchens are new with granite counters, ducted range hoods, disposals and SS appliances. All windows and doors with their hardware have been refurbished. Recently rezoned MX1, this property now boasts significant expansion opportunities.

Directions: From downtown, N on 8th street to the property
Exterior Features

Construction Materials BrickConcreteFrameMasonryStuccoStone Fencing Partial Foundation Details Basement Lot Features 10000 SF - .49 AcreLawn SprinklersOn City Bus Route Parking Features 6 - 10 SpacesParking Facility Parking Total 8 Roof CompositionRolled/Hot Mop

Interior Features

Above Grade Finished Area Units Square Feet Below Grade Finished Area Units Square Feet Building Area Total 5029 Cooling Ductless Cooling YN Yes Flooring OtherWood Heating GeothermalDuctless Heating YN Yes

Property Features

Building Features Lighting Business Type Multi-Family Electric 110 Volt220 Volts Gross Income 180000 Land Lease YN No Listing Terms CashConventional Lot Size Dimensions 122.13x100.03 Net Operating Income 136762 Operating Expense 47738 Utilities Sewer Connected Water Source City Service

Intermountain MLS logoCourtesy of A.V. West: 208-367-9003.


Intermountain MLS logo© 2024 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 2024-10-05T18:10:27.487.
 
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3611 North Locust Grove Road
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Intermountain MLS logoCourtesy of A.V. West.