Amazing opportunity to own & invest in SE Boise! Located just blocks away from BSU, and in close proximity to the Boise airport, Micron, the hospitals, & the lively Boise downtown scene, making this property ideal! This property has three separate apartments. All are 1 bedroom & 1 bath, with full kitchens. Each apartment has their own meter & the tenants pay for the gas & power utilities. All units have been updated within the last 10 years and the main water line from home to street has been replaced & updated. There are 2-3 parking spots behind the backyard in the alley & there is on-street parking in the front of the property. There is a new and convenient laundry facility just across the street on Broadway Ave. All 3 apartments are rented & the vacancy rate has been minimal over the last decade, due to it’s incredible location! The cap rate is around 5.8% & has a potential of about 6.4%. Brand new commercial grade water heater installed 2/21/25
Property Details
Price:
$569,990
MLS #:
98934106
Status:
Active
Beds:
3
Baths:
3
Address:
1608 S Denver Ave
Type:
Multi Family
Subtype:
Triplex
Subdivision:
Dundee
Neighborhood:
Boise SE – 0300
City:
Boise
Listed Date:
Jan 23, 2025
State:
ID
Finished Sq Ft:
1,740
Total Sq Ft:
1,740
ZIP:
83706
Lot Size:
6,098 sqft / 0.14 acres (approx)
Year Built:
1926
Units:
3
Schools
School District:
Boise School District #1
Elementary School:
Garfield
Middle School:
East Jr
High School:
Timberline
Interior
Appliances
Disposal ( All Units), Stove/ Range ( All Units), Refrigerator ( All Units), Washer/ Dryer ( No Units)
Cooling
All Units, Wall/ Window Unit(s)
Flooring
Engineered Vinyl Plank
Heating
Electric
Laundry Features
Washer/ Dryer Hookups ( No Units)
Exterior
Construction Materials
Frame, Stucco
Parking Spots
3
Roof
Metal
Financial
Tax Year
2023
Taxes
$5,840
Contact Us
Mortgage Calculator
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Listing courtesy of Coldwell Banker Tomlinson

1608 S Denver Ave
Boise, ID
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