1503 S Nelson Pl

Boise, ID 83705 View Map $1,100,000 Schedule a Tour
Beds7
Baths6
Sq.Ft.3,988
Year1960

Hughes Real Estate Group

(208) 571-7145

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Status: Active
Property Type:Residential Income
MLS #:98914705
Sq. Feet:3,988
On Site:32 Days
Lot Size:0.59 Acres
County:Ada

Listing Office

Office:Amherst Madison
Tucked away in the heart of the Boise Bench, a favorite community for urban living & university students alike, is an incredibly unique and quiet property with a large updated Duplex and 3 additional cozy bungalows, all in a wooded alcove on over 1/2 an acre! It feels like a cabin campsite area in the mountains; yet it's just mins from downtown! The beautifully updated main Mid-century home has a large kitchen, hardwood floors, 3 bed/1.5 bath. The living room boasts a wood beam ceiling, large gas fireplace with sitting hearth and peaceful backyard. The lower level was converted into a separate rental 1 bed/1 bath unit with full kitchen, living and gas fireplace (Potential for airbnb). Plus 3 separate dwellings consisting of a studio unit, a one bed one bath unit and a two bed 1 bath unit. Plenty of open parking, covered carport, and shared laundry building on-site. The private driveway lends itself to the secluded nature of the parcel! A smart portfolio property or incredible development opportunity.

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$000 Monthly Payment
Loan and interest only.

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Community Information

Address:1503 S Nelson Pl, Boise, ID 83705
County:Ada
City:Boise
Subdivision:Ralph Campbell
Zip Code:83705

School Information

School District:Boise School District #1
High School:Borah
Middle School:South Boise Jr
Elementary School:Whitney

Architecture

Bedrooms: 7
Bathrooms: 6
Year Built:1960
Construction Materials: Brick, Frame, Stucco, Wood Siding
Building Area: 3988
Roof: Composition
Foundation: Crawl Space
Basement: Walk-Out Access, Daylight
Garage Yes/No: Yes

Features / Amenities

Appliances: Disposal (Some Units), Stove/Range (Some Units), Refrigerator (All Units), Washer/Dryer (Some Units)
Fireplace Yes/No: Yes
Flooring: Laminate, Vinyl Sheet
Laundry: Washer/Dryer Hookups (Some Units)
Accessibility Features: Accessible Approach with Ramp
Cooling Yes/No: Yes
Cooling: Central Air, Wall/Window Unit(s)
Heating: Baseboard, Electric, Forced Air, Natural Gas, Fireplace(s)

Property Features

Lot Size: 0.59 Acres
Lot Features: 1/2 - .99 Acre, Bus on City Route, R.V. Parking
Parking Features: One Car, Attached, RV Access/Parking
Current Use: 5+ Units
Utilities: Sewer Connected, Cable Connected
Water: City Service
Electric: 0
Fencing: Partial, Wood
Zoning:R-1C
Directions:From Vista and Overland, W on Overland, past Shoshone, to Nelson Pl - a private lane (there is a blue sign)

Tax and Financial Info

Tax Year: 2023
Tax Annual Amount: $5,555
Cap Rate: 4.01
Gross Income: $68,049
Net Operating Income: $47,318
Operating Expense: $20,731
Terms: Cash, Conventional
Total Actual Rent: $6,045
Buyer Agency Compensation: 2%
Documents Available: CC&Rs, Property Disclosure, Lead Based Paint Discl

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1503 S Nelson Pl Boise,  ID 83705
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1503 S Nelson Pl Boise, ID 83705
 
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Listing Information Last Updated 7/20/2024
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