1608 S Denver Ave, Boise, ID 83706

$?
3
BD
3
BA
1,740
SqFt

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Courtesy of Coldwell Banker Tomlinson.

Selling Office: Boise Premier Real Estate.

Sold Price
$?
List Price
$557,900
Days on Market
93
Closing Date
Jun 20, 2025
Status
SOLD
MLS#
98934106
Bedrooms
3
Subdivision
Dundee
Bathrooms
3
County
Ada
Sq. Ft
1740
Year Built
1926
Acres
0.14
Age
1926

Property Description

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

Additional Information

Land Use
2-4 Units
Sq. Ft
1740
Roof
Metal
Construction
Frame, Stucco
Fenced
Full
Lot Features
Standard Lot 6000-9999 SF, Bus on City Route, Irrigation
Air Conditioning
Wall/Window Unit(s), All Units
Heating
Electric
Water
City Service
Electric
Unit 1 Separate Meter, Unit 2 Separate Meter, Unit 3 Separate Meter
Gas
Unit 1 Separate Meter, Unit 2 Separate Meter, Unit 3 Separate Meter
School District
Boise School District #1
Elementary School
Garfield
Middle School
East Jr
High School
Timberline
Taxes
$5,839
Tax Year
2023
Parcel Number
R1955001540


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