Description
Investor Opportunity 2 Homes on 1 Parcel, keep as is with great rental income and or move into one of the units and supplement your mortgage with the second. Also an Amazing Development Location on the Boise Depot Bench (Close to Downtown, BSU, etc), R2 zoning with no cap on density, borders a waterway, income producing while you decide which development route you want to take. 716/718 S Roosevelt is a .442 acre parcel zoned R2 (No maximum Density Restriction). It adjoins a .105 acre ACHD right of way, which can be purchased and added to overall parcel size to help with parking and building envelope requirements for a larger project. Lots of options here...Multi family, Building Lots, Apartments, or keep as is... There are two single family homes that have undergone interior cosmetic renovations for tenant placement month to month while working through the entitlement process. Rental income is $2300 per month. Interior upgrades included New Paint, Doors, LVP, Carpet, etc
Directions: From Overland and Roosevelt head North roughly 2miles to property on East side of road bordering canal
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4BEDS
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N/AACRES
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4BATHS
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01/2 BATHS
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2,194SQFT
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$228$/SQFT
School Information
Courtesy of Amherst Madison.Description
Investor Opportunity 2 Homes on 1 Parcel, keep as is with great rental income and or move into one of the units and supplement your mortgage with the second. Also an Amazing Development Location on the Boise Depot Bench (Close to Downtown, BSU, etc), R2 zoning with no cap on density, borders a waterway, income producing while you decide which development route you want to take. 716/718 S Roosevelt is a .442 acre parcel zoned R2 (No maximum Density Restriction). It adjoins a .105 acre ACHD right of way, which can be purchased and added to overall parcel size to help with parking and building envelope requirements for a larger project. Lots of options here...Multi family, Building Lots, Apartments, or keep as is... There are two single family homes that have undergone interior cosmetic renovations for tenant placement month to month while working through the entitlement process. Rental income is $2300 per month. Interior upgrades included New Paint, Doors, LVP, Carpet, etc
Directions: From Overland and Roosevelt head North roughly 2miles to property on East side of road bordering canal
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