1217 S Michigan Avenue Boise, Idaho 83706
Boise, Idaho 83706
$800,000
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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...
- 8
- Bedrooms
- 3,791 Sq Ft.
- Interior
- .25 Acres
- Exterior
- Residential Income
- Property type
- 1975
- Year Built
- 98854119
- Web Id
- 98854119
- MLS ID
- South Boise
- Subdivision
- 6
- days ago
This Property is Currently Contract Pending
About 1217 S Michigan Avenue
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.
Listing Courtesy of Keller Williams Realty Boise, Intermountain MLS
Listing Courtesy of Keller Williams Realty Boise, Intermountain MLS
features
- Additional Listing Type
- In Contract
Listing Courtesy of Keller Williams Realty Boise
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