United StatesIdahoBoise1217 S Michigan Avenue

1217 S Michigan Avenue
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...
Listing Courtesy of Keller Williams Realty Boise
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
Boise City Independent 1
School District
Garfield
Elementary
East Jr
Middle
Timberline
High
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

features

Additional Listing Type
In Contract
Listing Courtesy of Keller Williams Realty Boise
Listing Courtesy of Keller Williams Realty Boise
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