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    716 W Franklin

    Boise, ID 83702
    • $2,300,000
    • STATUS: Active
    • ON SITE: 17 days
    • MLS #: 98809800
    Price Reduced
    UPDATED: 34 min ago
    $2,300,000
    • 7
      BEDS
    • 0.14
      ACRES
    • 8
      BATHS
    • 0
      1/2 BATHS
    • 4,935
      SQFT
    • $466
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1901
    County:
    Ada

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:
    Courtesy of Kw Commercial.

    Description

    716 West Franklin, commonly known as The Pink House is a very well established 8 unit short-term rental property. The property has been meticulously cared for by an owner-manager. No expense has been spared in the remodeling of these beautiful apartments. It is a true pride of ownership investment! The sale includes all units fully-furnished (with the exception of the Boho unit, negotiable). In addition, the new owner will benefit from the property website, AirBnB listing and 5 star-google reviews.

    Directions: 7th and Franklin

    Monthly Payment Calculator



    © 2021 Intermountain Multiple Listing Service, Inc. (IMLS). Real estate listings held by brokerage firms other than Hessing Group Real Estate | Silvercreek Realty Group 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 2021-07-24T16:10:28.887.
    www.hessinggroup.com/homes/119035951
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    716 W Franklin Boise, ID 83702

    • Price: $2,300,000
    • Status: Active
    • Updated: 34 min ago
    • MLS #: 98809800
    7
    Beds
    8
    Baths
    0
    ½ Baths
    0.14
    Acres
    4,935
    SQFT
    $466
    $/SQFT
    1901
    Built
    Neighborhood:
    Boise Original
    County:
    Ada
    Area:
    Boise North - 0100
    Elementary School:
    Longfellow
    Middle School:
    North Jr
    High School:
    Boise
    School District:
    Boise School District #1
    Property Description
    716 West Franklin, commonly known as The Pink House is a very well established 8 unit short-term rental property. The property has been meticulously cared for by an owner-manager. No expense has been spared in the remodeling of these beautiful apartments. It is a true pride of ownership investment! The sale includes all units fully-furnished (with the exception of the Boho unit, negotiable). In addition, the new owner will benefit from the property website, AirBnB listing and 5 star-google reviews.

    Directions: 7th and Franklin
    Exterior Features

    Garages One Car Land Size Standard Lot 6000-9999 Sf Lot Size Length 123 Lot Size Width 50 Parking Spaces 2

    Interior Features

    Apx Above Grade Sq Ft 4935 Apx Below Grade Sq Ft 0 Cooling Central Air Heating Forced Air Refrigerator All Units Stove Range All Units U8 Baths 1 Washer Dryer Hookups Some Units Washer Dryers Some Units

    Property Features

    Actual Rent Income 207480 Age 81+ Years Annual Net Operating Income 121946 Assoc Setup Transfer Fees 0 Association Fees 0 Association Frequency Not Applicable Auction YN No City Bus No Flood Ins Required YN No Gross Operating Income 192957 Home Owner Exempt YN No In Foreclosure YN No Irrigation District YN No Land Use Other Local Improvement Dist YN No Multifamily Type Apartment Potential Short Sale YN No Reo Bank Owned YN No Tax Year 2020 Taxes 8334 Terms CashConventional Total Annual Expense 71011 U1 Projected Monthly Rent 3600 U2 Actual Monthly Rent 1670 U3 Actual Monthly Rent 1870 U4 Actual Monthly Rent 1870 U5 Actual Monthly Rent 1470 U6 Actual Monthly Rent 1770 U7 Projected Monthly Rent 2070 U8 Actual Monthly Rent 2970 Vacancy Or Credit Loss 14523 Water Exp City Service Zoning L-Ohd/Cd

    Courtesy of Kw Commercial.


    © 2021 Intermountain Multiple Listing Service, Inc. (IMLS). Real estate listings held by brokerage firms other than Hessing Group Real Estate | Silvercreek Realty Group 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 2021-07-24T16:10:28.887.
     
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    Hessing Group Real Estate | Silvercreek Realty Group
    1099 S. Wells St.
    Meridian ID, 83642
    Courtesy of Kw Commercial.