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407 W Iowa St

Boise, ID 83706
  • $695,000
  • STATUS: Active
  • ON SITE: 24 Days
  • MLS #: 98862879
UPDATED: 30 min ago
$695,000
  • 4
    BEDS
  • 0.3
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,750
    SQFT
  • $397
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1947
County:
Ada

School Information

Elementary School:
Middle School:
High School:
School District:
Intermountain MLS logoCourtesy of Exp Realty, Llc.

Description

Homes are occupied! Do not disturb tenants. Showings by appointment only! On track to make $60k year one. Here is your chance to own a fantastic turn key Airbnb income producing property in the heart of Boise! Airbnb data shows a nearly 40% increase in searches for homes in Boise over the past year, here is your chance to profit from that growth! Operate as a duplex or live in one house and rent out the other as it pays down your mortgage! This property has been operational since May of 2021 and has a 4.9 average review achieving super host status! The property featured two separate permitted detached dwellings on the same lot. Both homes are 2 bed 1 bath and both homes have been fully remodeled. The homes currently operate at a 75% occupancy rate. There is room to increase nightly rates. There is also an additional fenced off slab with utilities and private gate ready for an RV which can also be Airb'd out for extra income! With the RV and the nightly rate increase, income is projected to hit $87k.

Directions: From I 84 North on Broadway East on Iowa.

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Intermountain MLS logo© 2022 Intermountain Multiple Listing Service, Inc. (IMLS). Real estate listings held by brokerage firms other than Navigate Real Estate | Fathom 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 2022-12-01T14:10:32.443.
www.navigaterealestate.com/homes/134577641
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407 W Iowa St Boise, ID 83706

  • Price: $695,000
  • Status: Active
  • On Site: 24 Days
  • Updated: 30 min ago
  • MLS #: 98862879
4
Beds
2
Baths
0
½ Baths
0.3
Acres
1,750
SQFT
$397
$/SQFT
1947
Built
Neighborhood:
Rosedale Gallah
County:
Ada
Area:
Boise Se - 0300
Elementary School:
Garfield
Middle School:
East Jr
High School:
Timberline
School District:
Boise School District #1
Property Description
Homes are occupied! Do not disturb tenants. Showings by appointment only! On track to make $60k year one. Here is your chance to own a fantastic turn key Airbnb income producing property in the heart of Boise! Airbnb data shows a nearly 40% increase in searches for homes in Boise over the past year, here is your chance to profit from that growth! Operate as a duplex or live in one house and rent out the other as it pays down your mortgage! This property has been operational since May of 2021 and has a 4.9 average review achieving super host status! The property featured two separate permitted detached dwellings on the same lot. Both homes are 2 bed 1 bath and both homes have been fully remodeled. The homes currently operate at a 75% occupancy rate. There is room to increase nightly rates. There is also an additional fenced off slab with utilities and private gate ready for an RV which can also be Airb'd out for extra income! With the RV and the nightly rate increase, income is projected to hit $87k.

Directions: From I 84 North on Broadway East on Iowa.
Exterior Features

Carport YN No Construction Materials Concrete Covered Spaces 1 Fencing FullWood Lot Features 10000Sf - .49GardenR.V. Parking Parking Features One CarRv Access/Parking Parking Total 6 Roof Composition

Interior Features

Above Grade Finished Area Units Square Feet Appliances Disposal (All Units)Stove/Range (All Units)Refrigerator (All Units)Washer/Dryer (All Units) Below Grade Finished Area Units Square Feet Building Area Total 1750 Cooling Central AirAll UnitsDuctless Cooling YN Yes Garage YN Yes Heating ElectricForced AirNatural GasDuctless Heating YN Yes Laundry Features Washer/Dryer Hookups (All Units)

Property Features

Association Fee 0 Current Use Single Family2-4 Units Electric Unit 1 Separate Meter Gas Unit 1 Separate Meter Listing Terms Consider All Lot Size Dimensions 151X80 Ownership Fee Simple Property Sub Type Duplex Tax Annual Amount 2625.44 Tax Exemptions Home Owner Exempt Tax Legal Description Par #415 Of Lots 4&5 Blk 6 Tax Year 2020 Total Actual Rent 5008 Utilities Sewer Connected Water Source Well

Intermountain MLS logoCourtesy of Exp Realty, Llc: 208-890-7776.


Intermountain MLS logo© 2022 Intermountain Multiple Listing Service, Inc. (IMLS). Real estate listings held by brokerage firms other than Navigate Real Estate | Fathom 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 2022-12-01T14:10:32.443.
 
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Navigate Real Estate | Fathom Realty
3573 E Longwing Ln #210
Meridian ID, 83642
Intermountain MLS logoCourtesy of Exp Realty, Llc.