Price Reduction
Address
5454 W Grover Street Boise, ID
Price
$ 3,795,000
Property Attributes
  • MLS#98804834
  • TypeIncome
  • CountyADA
  • CityBoise
  • AreaBoise Bench
  • NeighborhoodScotts Sub
  • Zip83705
  • Style
  • Year Built1972
  • Taxes$ 12508
  • Price$ 3,795,000
  • Bedrooms24
  • Full Bathrooms8
  • Half Bathrooms0
  • Sqr Footage18048
  • Lot Size2.41 Acres
Listing Provided Courtesy Of:
Amherst Madison
Data Source:
Intermountain MLS (IMLS) - 75 - ID
Property Description

Incredible opportunity to own 16 existing townhouses on 4 separate parcels w/ the option of building 12 townhouses for a total of 28 units. Recently rezoned by city of Boise to R-2D to allow 28+ units on the 2.41 acres. Fully leased out- 48 beds/24 baths. Excellent location on the Boise Bench close to parks, downtown Boise & Boise State. All 16 townhouses include 3 beds/1.5 baths w/ private yards & storage rooms. 12 new townhouses- plans completed (3 bed/2.5 baths) w/ 2 car garages. A+ long term investment

Elementary School Middle School High School
Hillcrest Elementary School South Boise Jr Middle School Borah High School
Price History
5/27/2021 Listed $4,200,000
6/22/2021 5% - $3,995,000
7/22/2021 6% - $3,795,000

General Features

Age 31-50 Years
Assoc. Fees Frequency. Not Applicable
Auction No
Construction Frame
Cooling Window/Wall Unit
Elementary School Hillcrest
Flood Ins Required(y/n) No
Heating Baseboard, Electric
High School Borah
Home Owner Exempt (y/n) No
Legal Description SEE DOCS TAB
Listing Area Boise Bench - 0400
Middle School South Boise Jr
Price Per Sq Ft 210.27
REO No
Roof Composition Shingle
School District Boise School District #1
Sewer Yes Connected
Status Active
Status Active
Subdivision Scotts Sub
Taxes 12508.92
Terms Cash, Conventional
Total Annual Expense 68957
Type Other
Water City Service
Year Built 1972
Zoning R-1C

Interior Features

Refrigerator All Units
SQFT Above Ground 18048
Stove/Range All Units
U1 # Baths 1.5
U1 #bedroms 3
U1 Actual Monthly Rent 1175
U1 Apx Sqft 1128
U1 Projected Monthly Rent 1395
U1 Sepmtrs: Elec (y/n) Yes
U1 Sepmtrs: Gas (y/n) No
U2 # Baths 1.5
U2 #bedrooms 3
U2 Actual Monthly Rent 1100
U2 Apx Sqft 1128
U2 Projected Monthly Rent 1395
U2 Sepmtrs: Elec (y/n) Yes
U2 Sepmtrs: Gas (y/n) No
U3 # Baths 1.5
U3 # Bedrooms 3
U3 Actual Monthly Rent 1100
U3 Apx Sqft 1128
U3 Projected Monthly Rent 1395
U3 Sepmtrs: Elec (y/n) Yes
U3 Sepmtrs: Gas (y/n) No
U4 # Baths 1.5
U4 #bedrooms 3
U4 Actual Monthly Rent 1075
U4 Apx Sqft 1128
U4 Projected Monthly Rent 1395
U4 Sepmtrs: Elec (y/n) Yes
U4 Sepmtrs: Gas (y/n) No
U5 # Baths 1.5
U5 #bedrooms 3
U5 Actual Monthly Rent 1075
U5 Apx Sqft 1128
U5 Projected Monthly Rent 1395
U5 Sepmtrs: Elec (y/n) Yes
U5 Sepmtrs: Gas (y/n) No
U6 # Baths 1.5
U6 #bedrooms 3
U6 Actual Monthly Rent 1050
U6 Apx Sqft 1128
U6 Projected Monthly Rent 1395
U6 Sepmtrs: Elec (y/n) Yes
U6 Sepmtrs: Gas (y/n) No
U7 # Baths 1.5
U7 #bedrooms 3
U7 Actual Monthly Rent 1050
U7 Apx Sqft 1128
U7 Projected Monthly Rent 1395
U7 Sepmtrs: Elec (y/n) Yes
U7 Sepmtrs: Gas (y/n) No
U8 # Baths 1.5
U8 #bedrooms 3
U8 Actual Monthly Rent 1250
U8 Apx Sqft 1128
U8 Projected Monthly Rent 1395
U8 Sepmtrs: Elec (y/n) Yes
U8 Sepmtrs: Gas (y/n) No
Washer/Dryer No Units
Washer/Dryer Hookups All Units

Exterior Features

Land Size 1 - 4.99 Acres
Lot Description Bus on City Route
Number of Parking Spaces 40

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 83705

Price
AVG $1.95M
$3.8M
Taxes
AVG $5,058
$12,508
Visits
AVG 87
161
Year Built
AVG 1978
1972
Walkscore
AVG 66
65
Data Provided by Walkscore ® not using MLS data

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