1217 S Michigan Ave, Boise, ID 83706
1217 S Michigan Ave, Boise, ID 83706
1217 S Michigan Ave, Boise, ID 83706
Listed by Lysi Bishop • Keller Williams Realty Boise
$800,000
Est. payment /mo
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

10 Beds
3 Baths
3,791 SqFt
SOLD DATE : 10/11/2022

Key Details

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

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.

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

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

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

Schools

Elementary Schools Garfield

High Schools Timberline

School District Boise School District #1

Others

Senior Community Yes

Tax ID R8048010750

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Intermountain MLS (IMLS)

NEARBY SCHOOLS & BUSINESSES

Lysi Bishop

+1(208) 472-5337

info@lysibishop.com

913 W River St Suite 200, Boise, ID 83702

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