5454 W Grover Street, Boise

$3,795,000

0 Bed
0 Bath
18,048 Sqft
2.41 Acres
40 Garages

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

Essential Information
MLS® #98804834
Price$3,795,000
Square Footage18,048
Acres2.41
Year Built1972
TypeResidential Income
Sub-TypeOther
StatusActive
Construction Age31-50 Years
Community Information
Address5454 W Grover Street
AreaBoise Bench - 0400
SubdivisionScotts Sub
CityBoise
CountyAda
StateID
Zip Code83705
On Golf CourseN
Amenities
Parking Spaces40
# of Garages40
Has RV ParkingN
Interior
HeatingBaseboard, Electric
CoolingWindow/Wall Unit
Appliances

Refrigerator, range and stove in all units.

Exterior
Lot DescriptionBus on City Route
RoofComposition Shingle
ConstructionFrame
Has Shop / ShedN
Garage Capacity40
School Information
DistrictBoise School District #1
ElementaryHillcrest
MiddleSouth Boise Jr
HighBorah
Additional Information
Date ListedMay 27th, 2021
Days on Market113
ZoningR-1C
HOA Fees0.00
HOA Fees Freq.Not Applicable
Listing Details
OfficeAmherst Madison
Property History
Status Changed from Back on Market to Active
Status Changed from Active to Back on MarketPrice Reduced from $3,995,000 to $3,795,000
Status Changed from Price Change to Active
Status Changed from Active to Price ChangePrice Reduced from $4,200,000 to $3,995,000
Status Changed from New to Active
LISTING MAP

Get directions to this property:

Properties for Sale Similar to 5454 W Grover Street, Boise, ID

Photo of Listing #98816239

2316 + S Phillippi Street, Boise

$2,999,999 - 9,222 Sf

MLS® # 98816239

RE/Max Elite PropertiesIntermountain MLS Logo

Intermountain MLS LogoIDX information is provided exclusively for consumers' personal, non-commercial use, and 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. Information provided by IMLS is deemed reliable but not guaranteed.

Listing information last updated on September 18th, 2021 at 3:45am MDT.