$1,690,000
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11 Beds
8 Baths
6,978 SqFt
SOLD DATE : 12/30/2021
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 6,978 sqft
Price per Sqft $242
Subdivision 0 Not Applic.
MLS Listing ID 98814125
Sold Date 12/30/21
Bedrooms 11
HOA Y/N Yes
Originating Board IMLS 2
Year Built 1940
Annual Tax Amount $7,594
Tax Year 2019
Lot Size 0.770 Acres
Acres 0.77
Property Sub-Type Apartment
Property Description
PRICE, RENTS, & CAP RATE IMPROVED! 11 Units on 2 parcels totaling .77+/- acres zoned R-3D on the Bench. 10 rental units and one office space. Units have excellent rental history with most residents on VASH housing assistance program. Excellent future development potential. Excess Land. R3 zoning allows up to 43.5 units per acre. Boise's new bonus housing ordinance may allow for additional density. Potential rental increases with no necessary updates or repairs. DO NOT DISTURB TENANTS. Drive by only. BTVA
Location
State ID
County Ada
Area Boise Bench - 0400
Zoning R-3/D
Direction From I-84 north on Vista to Targee - Property on Northeast corner of Vista and Targee
Interior
Cooling Some Units
Fireplace No
Appliance Stove/Range (All Units), Refrigerator (All Units)
Exterior
Fence Partial, Wood
Community Features 5+ Units
Utilities Available Sewer Connected
Roof Type Composition
Total Parking Spaces 12
Building
Lot Description 1/2 - .99 Acre, Bus on City Route, Irrigation
Faces From I-84 north on Vista to Targee - Property on Northeast corner of Vista and Targee
Water City Service
Structure Type Frame
New Construction No
Schools
Elementary Schools Hawthorne
High Schools Borah
School District Boise School District #1
Others
Tax ID R3386000490 & R3386000502
Ownership Fee Simple
Acceptable Financing Cash, Consider All, Conventional
Listing Terms Cash, Consider All, Conventional
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