722 W. Franklin Street

Boise, ID 83702

$2,599,000
Price
8
Beds
7
Baths
4,936 Sq. Ft.
$527 / Sq. Ft.
4,936
Sq. Ft.
$527
per Sq. Ft.

Description

Fantastic location! , just two blocks behind the capital, 3 blocks to downtown 8th street, 2 blocks to the Boise Co-Op and a block from St. Johns Cathedral. This 1890's Victorian that was once owned by the Lemp Family has been completely updated and remodeled. These 7 individual apartments come fully furnished and are a turnkey short term rental opportunity. This building has been completely updated with new electrical, plumbing, ductless mini-splits, new valves on all the radiators for the newly...Fantastic location! , just two blocks behind the capital, 3 blocks to downtown 8th street, 2 blocks to the Boise Co-Op and a block from St. Johns Cathedral. This 1890's Victorian that was once owned by the Lemp Family has been completely updated and remodeled. These 7 individual apartments come fully furnished and are a turnkey short term rental opportunity. This building has been completely updated with new electrical, plumbing, ductless mini-splits, new valves on all the radiators for the newly connected geothermal heating. as a result this building has a dual heat source. New Hardwood and marble weave tile have been installed in all the apartments. Newly tiled showers with glass doors. All the kitchens are new with granite counters, ducted range hoods, disposals and SS appliances. All windows and doors with their hardware have been refurbished. New landscaping, irrigation, french drains, wrought iron fence, brick pathways and entrances, parking area and pond have been done to the exterior.
  1. Listed by Daniel Mccown • A.V. West

Property Details for 722 W. Franklin Street

Subdivision Name
B C O T

Location

Listing Courtesy of A.V. West
Add your commute
LISTING UPDATED: 05/30/2024 11:38 AM

Property Details for 722 W. Franklin Street

StatusActive
MLS #98908657
Days on Market32
Taxes$10,865 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Apartment
Year Built1890
CountyAda County

Location

Listing Courtesy of A.V. West
Add your commute

Building Information for 722 W. Franklin Street

Building/Complex722 W Franklin StFloor-Stories-Residences7Pet Policy-Year Built1890Building Size-

Payment Calculator

$15,089 per month

30 year fixed, 7.25% Interest

Principal and Interest

$14,184

Property Taxes

$905

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 722 W. Franklin Street

Summary
Location and General Information
  • Zoning Description: MX-1/NC-O/HD-O
Taxes and HOA
  • Tax Legal Description: LOTS 1 AND 2 BLK 92 B C O T
  • Tax Year: 2023
  • Association: Yes
  • Parcel Number: R1013006080
School Information
  • Elementary School: Longfellow
  • Elementary School District: Boise School District #1
  • HighSchool: Boise
  • HighSchool District: Boise School District #1
  • Middle Or Junior School: North Jr
  • Middle Or Junior School District: Boise School District #1
Parking
  • Parking Total: 8
Virtual Tour
Property
Lot Information
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Finished Area Units: Square Feet
  • Building Area Total: 4936.0
  • Building Area Units: Square Feet
  • Farm Land Area Units: Square Feet
  • Living Area: 4936.0
  • Living Area Units: Square Feet
  • Lot Features: 10000SF - .49, Bus on City Route, Garden, Geothermal Water, Sidewalks
  • Lot Size Acres: 0.28
  • Lot Size Area: 0.28
  • Lot Size Dimensions: 122.13x100.03
  • Lot Size Square Feet: 12196.8
  • Lot Size Units: Acres
Property and Assessments
  • Documents Available: Easement, Inventory, Personal Property, Survey/Plat, Property Disclosure, Lead Based Paint Discl, Home Warranty
  • Home Warranty: Yes
  • Photos Count: 41
  • Year Built: 1890
Utilities
  • Utilities: Sewer Connected
  • Water Source: City Service
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick, Concrete, Frame, Masonry, Stucco, Stone, Wood Siding
  • Fencing: Partial, Metal
  • Roof: Composition, Rolled/Hot Mop
Interior Features
  • Appliances: Disposal (All Units), Stove/Range (All Units), Refrigerator (All Units), Washer/Dryer (Some Units)
  • Cooling: All Units, Ductless/Mini Split
  • Cooling Available: Yes
  • Electric: 3660
  • Flooring: Marble, Vinyl Sheet
  • Foundation Details: Crawl Space
  • Heating: Electric, Geothermal, Ductless/Mini Split
  • Heating: Yes
  • Laundry Features: Washer/Dryer Hookups (No Units)
  • Bathrooms Total Integer: 7
  • Bedrooms Total: 8
Multi Family
Multi-Family Information
  • Number Of Units Total: 7
Income & Expenses Information
  • Gross Income: 181800.0
  • Net Operating Income: $138,802.00
  • Operating Expense: $45,698.00
Rental
Rental Information
  • Total Actual Rent: $14,950

Property History for 722 W. Franklin Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 722 W. Franklin Street

Taxable ValueLand$561,100Additions$576,700Total$1,137,800
Tax Record2022$9,126 ($760 / month)
Home Facts
Total Finished SqFt3,982 SqFtAbove Grade Finished SqFt3,982 SqFtStories2Lot Size12,197 SqFtStyleMiscellaneous CommercialYear Built1880Year Renovated1943ZoningL-OHD/CDCountyADAAPNR1013006080

Schools near 722 W. Franklin Street

This home is within Boise Independent District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 9
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
Longfellow Elementary School
PublicPK to 6

North Junior High School
Public7 to 9

Boise Senior High School
Public9 to 12

Marian Pritchett Memorial School
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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722 W. Franklin Street is a multi-family home for sale in Boise, ID 83702. This property was listed for sale on April 30, 2024 by A.V. West, it's currently listed at $2,599,000. It has been on the market for a total of 32 days and was last sold on September 10, 2021. This listing's school district is Boise Independent District. Nearby schools include Longfellow Elementary School, North Junior High School and Boise Senior High School. 722 W. Franklin Street is a 8-bed, 7-bath, 4,936 sqft multi-family home built in 1890.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of A.V. West

Based on information from one of the following Multiple Listing Services: Sun Valley Board of REALTORS®, Intermountain MLS, Mountain Central Association of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Sun Valley Board of REALTORS®, Intermountain MLS, Mountain Central Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.