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    5454 W Grover Street

    Boise, ID 83705
    • $4,200,000
    • STATUS: Active
    • ON SITE: 18 days
    • MLS #: 98804834
    UPDATED: 194 min ago
    $4,200,000
    • 24
      BEDS
    • 2.41
      ACRES
    • 7
      BATHS
    • 7
      1/2 BATHS
    • 18,048
      SQFT
    • $233
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1972
    County:
    Ada

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:
    Courtesy of Amherst Madison.

    Description

    Incredible opportunity to own 16 existing townhouses on 4 separate parcels w/ the option of building 12 additional 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- excellent location on the Boise Bench close to schools, parks, downtown Boise & Boise State. All 16 townhouses include 3 beds/1.5 baths w/ private yards & storage rooms. 12 new townhouses- plans are completed (3 bed/2.5 baths) w/ 2 car garages. Pro-forma available

    Directions: Franklin, S on Phillippi, R on Grover

    Monthly Payment Calculator



    © 2021 Intermountain Multiple Listing Service, Inc. (IMLS). Real estate listings held by brokerage firms other than Haith Real Estate Team - Re/Max Executives 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 2021-06-15T00:10:21.397.
    www.haithrealestate.com/homes/117654685
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    5454 W Grover Street Boise, ID 83705

    • Price: $4,200,000
    • Status: Active
    • Updated: 194 min ago
    • MLS #: 98804834
    24
    Beds
    7
    Baths
    7
    ½ Baths
    2.41
    Acres
    18,048
    SQFT
    $233
    $/SQFT
    1972
    Built
    Neighborhood:
    Scotts Sub
    County:
    Ada
    Area:
    Boise Bench - 0400
    Elementary School:
    Hillcrest
    Middle School:
    South Boise Jr
    High School:
    Borah
    School District:
    Boise School District #1
    Property Description
    Incredible opportunity to own 16 existing townhouses on 4 separate parcels w/ the option of building 12 additional 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- excellent location on the Boise Bench close to schools, parks, downtown Boise & Boise State. All 16 townhouses include 3 beds/1.5 baths w/ private yards & storage rooms. 12 new townhouses- plans are completed (3 bed/2.5 baths) w/ 2 car garages. Pro-forma available

    Directions: Franklin, S on Phillippi, R on Grover
    Exterior Features

    Construction Frame Land Size 1 - 4.99 Acres Lot Bus On City Route Lot Size Length Irr Lot Size Width Irr Parking Spaces 40 Roof Composition Shingle

    Interior Features

    Apx Above Grade Sq Ft 18048 Apx Below Grade Sq Ft 0 Cooling Window/Wall Unit Disposals Some Units Heating BaseboardElectric Refrigerator All Units Stove Range All Units U1 Apx Sq Ft 1128 U2 Apx Sq Ft 1128 U3 Apx Sq Ft 1128 U4 Apx Sq Ft 1128 U5 Apx Sq Ft 1128 U6 Apx Sq Ft 1128 U7 Apx Sq Ft 1128 U8 Apx Sq Ft 1128 U8 Baths 1.5 Washer Dryer Hookups All Units Washer Dryers No Units

    Property Features

    Actual Rent Income 16570 Age 31-50 Years Annual Net Operating Income 129883 Assoc Setup Transfer Fees 0 Association Fees 0 Association Frequency Not Applicable Auction YN No City Bus Yes Flood Ins Required YN No Gross Operating Income 198840 Home Owner Exempt YN No In Foreclosure YN No Irrigation District YN No Land Use 5+ Units Local Improvement Dist YN No Multifamily Type Other Other Income 0 Potential Short Sale YN No Reo Bank Owned YN No Sewer Exp Yes Connected Tax Year 2020 Taxes 12508.92 Terms CashConventional Total Annual Expense 68957 U1 Actual Monthly Rent 1175 U1 Projected Monthly Rent 1300 U2 Actual Monthly Rent 1100 U2 Projected Monthly Rent 1300 U3 Actual Monthly Rent 1100 U3 Projected Monthly Rent 1300 U4 Actual Monthly Rent 1075 U4 Projected Monthly Rent 1300 U5 Actual Monthly Rent 1075 U5 Projected Monthly Rent 1300 U6 Actual Monthly Rent 1050 U6 Projected Monthly Rent 1300 U7 Actual Monthly Rent 1050 U7 Projected Monthly Rent 1300 U8 Actual Monthly Rent 1250 U8 Projected Monthly Rent 1300 Vacancy Or Credit Loss 0 Water Exp City Service Zoning R-1C

    Courtesy of Amherst Madison.


    © 2021 Intermountain Multiple Listing Service, Inc. (IMLS). Real estate listings held by brokerage firms other than Haith Real Estate Team - Re/Max Executives 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 2021-06-15T00:10:21.397.
     
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    Haith Real Estate Team - Re/Max Executives
    16201 N Idaho Center Blvd
    Nampa ID, 83687
    Courtesy of Amherst Madison.