1608 S Denver Ave, Boise, ID 83706

$615,000 Asking Price

3 beds
3 baths
1,680  sqft
Built in 1926

This triplex property is fantastic! Having 3 separate apartments each with 1 bedroom, 1 bathroom, and full-size kitchens and bathrooms is quite convenient. The proximity to Boise State adds significant value, offering a steady stream of potential student renters. The location's appeal is further enhanced by its closeness to hospitals and Micron, making it an attractive option for professionals as well. With no CC&Rs, the flexibility to use the property as long-term or short-term rentals, or even a combination, provides great versatility for investment strategies. Additionally, living in one apartment while renting out the other two could be an ideal setup for someone looking to offset their living expenses. The complete remodels over the last few years will attract renters and the replacement of the main water line (saving $30,000) that will reduce future maintenance costs to the investor are substantial benefits. This property is a solid investment with plenty of opportunities for generating income!


Features & Amenities

Interior

General:
Two Kitchens, Walk-In Closet(s), Breakfast Bar, Laminate Counters, Solid Surface Counters, Wood/Butcher Block Counters
Appliances:
Dishwasher, Disposal, Microwave, Oven/Range Freestanding, Refrigerator
Basement:
Daylight, Walk-Out Access
A/C:
true, Wall/Window Unit(s)
Heating:
true, Electric

Exterior

General:
Storage Shed, Separate Living Quarters
Parking:
Alley Access

Construction

Roofing:
Metal
General:
Stucco, Single with Below Grade, Slab

Location

Road/Access:
Easement
HOA Amenities:
0.0
Originating MLS:
IMLS 2
School District:
Boise School District #1
County:
Ada

Lot

Zoning:
See Exhibit A Abbreviated legal: LOTS 27/28 BLK 32 DUNDEE 1ST SUB 03N/02E/15, R1955001540
Current Use:
2-4 Units

Utilities

Utilities:
Sewer Connected, Cable Connected, Broadband Internet
Water:
City Water

Financial

Source:
IMLS 2

This listing courtesy of:
Coldwell Banker Tomlinson, Alexandria Danilovitch

About Boise, ID

Housing

Number of Units
119,945
Median Home Value
$307,933
Median Rent
$943

35.44% of housing units are renter occupied.

4.66% are vacant.

Commute

Car
66.33%
Public Transportation
0.38%
Walk to Work
2.34%
Work from Home
28.35%
Other
0.49%

The median travel time to work is 15 minutes.

People

Population
277,130
Median Age
38.70
Median Household Size
2.52

Education

High School
21.26%
Associate’s Degree
9.61%
Bachelor’s Degree
27.32%
Graduate Degree
14.63%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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