Property
Boise, ID 83706 1608 S Denver Ave
$557,900
37 more
Presented By: Coldwell Banker Tomlinson
Beds • 3
Baths • 1
SQFT • 1,740
Home Details
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
Presented By: Coldwell Banker Tomlinson
Interior Features for 1608 S Denver Ave
Bedrooms
Total Bedrooms3
Bathrooms
Total Baths3
Other Interior Features
Above Grade Finished Area Unit TypeSquare Feet
Air Conditioning Y/NYes
BasementDaylight, Walk-Out Access
Below Grade Finished Area Unit TypeSquare Feet
Fireplace Y/NNo
FlooringEngineered Vinyl Plank
Heating Y/NYes
Laundry FeaturesWasher/Dryer Hookups (No Units)
General for 1608 S Denver Ave
AppliancesDisposal (All Units), Stove/Range (All Units), Refrigerator (All Units), Washer/Dryer (No Units)
Attached Garage No
Building Area UnitsSquare Feet
Cap Rate5.8
Carport Y/NNo
CityBoise
Construction MaterialsFrame, Stucco
CoolingAll Units, Wall/Window Unit(s)
CountyAda
Current Use2-4 Units
DirectionsFrom Broadway Ave, W on Howe St, S on S Denver
ElectricUnit 1 Separate Meter, Unit 2 Separate Meter, Unit 3 Separate Meter
Elementary SchoolGarfield
Elementary School DistrictBoise School District #1
Garage Y/NNo
Gas Y/NUnit 1 Separate Meter, Unit 2 Separate Meter, Unit 3 Separate Meter
HOANo
HOA Fee$
HeatingElectric
High SchoolTimberline
High School DistrictBoise School District #1
Home Warranty Y/NNo
Land Lease Y/NNo
Listing TermsCash, Consider All, Conventional, 1031 Exchange, FHA, Private Financing Available, VA Loan, Other
Living Area UnitsSquare Feet
Lot Size Square Feet6098.4
Lot Size UnitsAcres
MLS AreaBoise SE - 0300
Middle/Junior High SchoolEast Jr
Middle/Junior School DistrictBoise School District #1
New ConstructionNo
Number Of Units Total3
OwnershipFee Simple
Property Attached Y/NNo
Property SubtypeTriplex
Property TypeResidential Income
RoofMetal
Senior Community Y/NNo
StatusActive
Subdivision NameDundee
Tax Annual Amount5839.82
Tax Year2023
Total Actual Rent2765
Waterfront Y/NNo
Year Built1926
Zoning DescriptionR-2D
Exterior for 1608 S Denver Ave
Building Area Total1740
FencingFull
Foundation DetailsSlab
Lot Dimensions125x50
Lot FeaturesStandard Lot 6000-9999 SF, Bus on City Route, Irrigation
Lot Size Acres0.14
Lot Size Area0.14
Open Parking Y/NNo
SpaNo
Total Parking3
Water SourceCity Service
Additional Details
Price History
Schools
High School
Timberline High School
Elementary School
Garfield Elementary School
Middle School
East Jr Middle School
