1217 S Michigan Ave
$ 800,000

1217 S Michigan Ave

Boise, ID 83706

  • 10 Beds
  • 3 Baths
  • 3,791 SqFt
  • 10,890 Lot Size
  • 1975 Year Built
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.
Listed by Lysi Bishop of Keller Williams Realty Boise

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PROPERTY DETAIL

  • Key Details

    Sold Price Non-Disclosure

    Property Type Single Family Home

    Sub Type Single Family Residence

    Listing Status Sold

    Purchase Type For Sale

    Square Footage 3, 791 sqft

    Price per Sqft $197

    Subdivision South Boise

    MLS Listing ID 98854114

    Sold Date 10/11/22

    Bedrooms 10

    HOA Y/N No

    Abv Grd Liv Area 3,791

    Year Built 1975

    Annual Tax Amount $6,179

    Tax Year 2021

    Lot Size 10,890 Sqft

    Acres 0.25

    Property Sub-Type Single Family Residence

    Source IMLS 2

  • Location

    State ID

    County Ada

    Area Boise Se - 0300

    Direction N Capitol Blvd, S Boise Ave, L Beacon St, R Michigan Ave

  • Rooms

    Primary Bedroom Level Main

    Master Bedroom Main

    Main Level Bedrooms 10

    Bedroom 2 Main

    Bedroom 3 Main

    Bedroom 4 Main

    Living Room Main

    Kitchen Main Main

  • Building

    Lot Description 10000 SF - .49 AC, Garden, Sidewalks

    Faces N Capitol Blvd, S Boise Ave, L Beacon St, R Michigan Ave

    Water City Service

    Level or Stories One

    Structure Type Brick

    New Construction No

  • Interior

    Interior Features Pantry

    Heating Forced Air, Natural Gas

    Cooling Central Air

    Flooring Carpet, Vinyl/Laminate Flooring

    Fireplace No

    Appliance Gas Water Heater, Tank Water Heater, Dishwasher, Disposal, Microwave, Oven/Range Freestanding, Refrigerator

  • Exterior

    Garage Spaces 2.0

    Fence Full, Metal, Wood

    Community Features Single Family

    Utilities Available Sewer Connected

    Roof Type Composition

    Total Parking Spaces 2

  • Schools

    Elementary Schools Garfield

    High Schools Timberline

    School District Boise School District #1

  • Others

    Tax ID R8048010750

    Ownership Fee Simple

    Acceptable Financing Cash, Conventional

    Listing Terms Cash, Conventional

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CONTACT

agent
Lysi Bishop

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