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722 W Franklin Street

Boise, ID 83702
  • $2,399,000
  • STATUS: Active
  • ON SITE: 227 Days
  • MLS #: 98908657
UPDATED: 60 min ago
$2,399,000
  • 8
    BEDS
  • 0.28
    ACRES
  • 7
    BATHS
  • 0
    1/2 BATHS
  • 4,936
    SQFT
  • $486
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1890
County:
Ada

School Information

Elementary School:
Middle School:
High School:
School District:
Intermountain MLS logoCourtesy of A.V. West.

Description

Fantastic location!, just two blocks behind the capital, 3 blocks to downtown 8th street, 2 blocks to the Boise Co-Op and a block from St. Johns Cathedral. This 1890's Victorian that was once owned by the Lemp Family has been completely updated and remodeled. These 7 individual apartments come fully furnished making this a turnkey short term rental opportunity. This building has been completely updated with new electrical, plumbing, ductless mini-splits, newly connected to city geothermal heating, new hardwood and marble weave tile floors in all the apartments. Newly tiled showers with glass doors. All the kitchens are new with granite counters, ducted range hoods, disposals and SS appliances. All windows and doors with their hardware have been refurbished. Recently rezoned MX1, this property now boasts significant expansion opportunities.

Directions: From downtown boise, N on 8th Street to the NE corner of 8th and Franklin.

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Intermountain MLS logo© 2024 Intermountain Multiple Listing Service, Inc. (IMLS). Real estate listings held by brokerage firms other than Southey Real Estate | EXP Realty are marked with the IMLS IDX logo and information about them includes the name of the listing brokerage. Information provided by IMLS is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Data last updated 2024-12-14T17:10:31.16.
www.southeyrealestate.com/homes/150043942
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722 W Franklin Street Boise, ID 83702

  • Price: $2,399,000
  • Status: Active
  • On Site: 227 Days
  • Updated: 60 min ago
  • MLS #: 98908657
8
Beds
7
Baths
0
½ Baths
0.28
Acres
4,936
SQFT
$486
$/SQFT
1890
Built
Neighborhood:
B C O T
County:
Ada
Area:
Boise North - 0100
Elementary School:
Longfellow
Middle School:
North Jr
High School:
Boise
School District:
Boise School District #1
Property Description
Fantastic location!, just two blocks behind the capital, 3 blocks to downtown 8th street, 2 blocks to the Boise Co-Op and a block from St. Johns Cathedral. This 1890's Victorian that was once owned by the Lemp Family has been completely updated and remodeled. These 7 individual apartments come fully furnished making this a turnkey short term rental opportunity. This building has been completely updated with new electrical, plumbing, ductless mini-splits, newly connected to city geothermal heating, new hardwood and marble weave tile floors in all the apartments. Newly tiled showers with glass doors. All the kitchens are new with granite counters, ducted range hoods, disposals and SS appliances. All windows and doors with their hardware have been refurbished. Recently rezoned MX1, this property now boasts significant expansion opportunities.

Directions: From downtown boise, N on 8th Street to the NE corner of 8th and Franklin.
Exterior Features

Construction Materials BrickConcreteFrameMasonryStuccoStoneWood Siding Fencing PartialMetal Foundation Details Crawl Space Lot Features 10000SF - .49Bus on City RouteGardenGeothermal WaterSidewalks Parking Total 8 Roof CompositionRolled/Hot Mop

Interior Features

Above Grade Finished Area Units Square Feet Appliances Disposal (All Units)Stove/Range (All Units)Refrigerator (All Units)Washer/Dryer (Some Units) Below Grade Finished Area Units Square Feet Building Area Total 4936 Cooling All UnitsDuctless/Mini Split Cooling YN Yes Flooring MarbleVinyl Sheet Heating ElectricGeothermalDuctless/Mini Split Heating YN Yes Laundry Features Washer/Dryer Hookups (No Units)

Property Features

Association Fee 0 Association YN Yes Current Use 5+ UnitsCommercial OfficeCommercial Retail Electric 3660 Gross Income 181800 Listing Terms CashConventional Lot Size Dimensions 122.13x100.03 Net Operating Income 138802 Operating Expense 45698 Ownership Fee Simple Property Sub Type Apartment Tax Annual Amount 10865.14 Tax Legal Description LOTS 1 AND 2 BLK 92 B C O T Tax Year 2023 Total Actual Rent 14950 Utilities Sewer Connected Water Source City Service Zoning Description MX-1/NC-O/HD-O

Intermountain MLS logoCourtesy of A.V. West: 208-367-9003.


Intermountain MLS logo© 2024 Intermountain Multiple Listing Service, Inc. (IMLS). Real estate listings held by brokerage firms other than Southey Real Estate | EXP Realty are marked with the IMLS IDX logo and information about them includes the name of the listing brokerage. Information provided by IMLS is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Data last updated 2024-12-14T17:10:31.16.
 
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Southey Real Estate | EXP Realty
Boise ID, 83702
Intermountain MLS logoCourtesy of A.V. West.