Property includes two existing duplex and 3 newer 4-plex built 2003. Priced to sell as entire package. LOCATED JUST TWO BLOCKS FROM CAMPUS! 3/4 of a block from Porter Park, splash park, and carousel. These units are within walking distance to various restaurants and and stores. This established multi-family complex is unique in that each building is on its own legal description and could, at new owners discretion, could be sold off as separate buildings (to be verified by the buyer). Excellent rental history with minimal vacancy. This is community housing which often is occupied buy BYU-Idaho attendees. Building #1 has in the past been set up as a three unit building but recently has been rented out as two units with the main and basement combined. The three 4-plex buildings are the newest addition to this complex featuring covered balconies and stairways for easy snow and winter time maintenance. Each unit has its own storage closet near their front door. The duplex, building #5, is all brick. This is a great value for either a local or absentee investor! Has previously been managed by a local rental agency.
- Price:
- $1,500,000
- Bedrooms:
- 35
- Full Baths:
- 17
- Half Baths:
- 2
- Square Footage:
- 5,000
- Acreage:
- 1.10
- Year Built:
- 2003
- MLS #:
- 2116414
- Street Address:
- 355 W 2nd S
- City:
- Rexburg
- State:
- ID
- Postal Code:
- 83440
- County:
- Madison
- Subdivision:
- Southend Addition-Mad
- Listing Status:
- For Sale - Active
Building
- Amenities/Restrictions:
- Off Street Parking, Sidewalks
- Basement Description:
- Finished, Full, Other-See Remarks
- Construction Description:
- Brick, Existing, Frame, Log
- Foundation:
- Concrete Perimeter
- Number Of Units:
- 16
- Siding:
- Vinyl, Brick, Wood Siding
- Style:
- Separate Buildings
- Total Building Square Footage:
- 5000
- Type Of Roof:
- Shake, Composition
- Unit 1 Monthly Rent:
- 900
- Unit 2 Monthly Rent:
- 675
- Unit 3 Monthly Rent:
- 675
- Unit 4 Monthly Rent:
- 675
- Unit 5 Monthly Rent:
- 550
- Unit1 Bedrooms:
- 2
- Unit1 Full Bathrooms:
- 1
- Unit2 Bedrooms:
- 2
- Unit2 Full Bathrooms:
- 1
- Unit2 Square Footage Range:
- 1666
- Unit3 Bedrooms:
- 2
- Unit3 Full Bathrooms:
- 1
- Unit3 Square Footage Range:
- 1666
- Unit4 Bedrooms:
- 2
- Unit4 Full Bathrooms:
- 1
- Unit4 Square Footage Range:
- 1666
- Unit5 Bedrooms:
- 2
- Unit5 Full Bathrooms:
- 1
- Year Built:
- 2003
Land
- Conforms To Zoning:
- Res-Multi-Family
- Federal Flood Zone:
- U
- Lot Features:
- Concrete Curbing, Sprinkler-Auto, Established Lawn, Established Trees, Outdoor Lighting
Listing
- Days On Market:
- 145
- Excluded:
- Renters Personal Property
- Included In Sale:
- Brick Duplex Building #5 Rage/
Ovens, Fridges. 4-Plexes Buildings 2, 3, 4 Range/ Ovens, Dishwashers, Fridges, Woodshed Building #1:rage/ Ovens, Fridges. As Well As Miscellaneous Water Heaters.
- Terms:
- Other-See Remarks
Money
- Property Taxes:
- $19,514
- Tax Year:
- 2017
- Tenant Pays:
- Electricity, Gas, Other
Structures
- Driveway:
- Asphalt
Systems
- Existing Water:
- Public
- Heating:
- Forced Air, Electric, Gas, Baseboard
- Sewage Type:
- Public Sewer
Source
-
Listing Provided By Keller Williams Realty East Idaho
