51 S 1 E, Rexburg, ID 83440
70 Beds
56 Baths
36,368 sqft

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Fantastic investment opportunity! These 4-7 man apartments were recently remodeled in 2013 and look great! This complex features amazing amenities including a large weight room, a game room equipped with foosball, pool and ping pong tables, a theater room with a projector and stadium seating, a large lounge great for gatherings, and free laundry on each floor. The rooms themselves are air conditioned and fully furnished with a dishwasher, 2 fridges, a vacuum cleaner, ironing board and 2 desks with chairs. Optic Mega speed internet has been installed allowing students to surf the web and complete homework with ease. Parking is off street and there is plenty of room for tenants to park. No expense has been spared to make this a great living space for the students and it will make the ideal investment opportunity as it is already updated.
  • Price:
  • $4,300,000
  • Bedrooms:
  • 70
  • Full Baths:
  • 56
  • Square Footage:
  • 36,368
  • Acreage:
  • 1.20
  • Year Built:
  • 1984
  • Listing ID #:
  • 2119181
  • Street Address:
  • 51 S 1 E
  • City:
  • Rexburg
  • State:
  • Idaho
  • Postal Code:
  • 83440
  • County:
  • Madison
  • Subdivision:
  • Rexburg Townsite-Mad
  • Listing Status:
  • Active
  • Amenities/Restrictions:
  • 24 Hour Maintenance, Additional Storage, Off Street Parking, Clubhouse, Common Laundry
  • Construction Description:
  • Existing-Fully Updated
  • Ease Of Access:
  • 1
  • Foundation:
  • Concrete Perimeter
  • Number Of Units:
  • 28
  • Siding:
  • Stucco, Block, Precast/Tilt-Up Concrete, Brick, Stone
  • Style:
  • All Units In One Building
  • Total Building Square Footage:
  • 36368
  • Type Of Roof:
  • Membrane
  • Unit1 Bedrooms:
  • 2
  • Unit1 Full Bathrooms:
  • 2
  • Unit2 Bedrooms:
  • 3
  • Unit2 Full Bathrooms:
  • 2
  • View:
  • Other-See Remarks
  • Year Built:
  • 1984
  • Annual Rent:
  • 438191.00
  • Conforms To Zoning:
  • Rx-Mixed-Use 2
  • Federal Flood Zone:
  • U
  • Lot Features:
  • Concrete Curbing
  • Days On Market:
  • 263
  • Excluded:
  • Renter's Personal Property
  • Included In Sale:
  • All Appliances
  • Terms:
  • Cash, Conventional
  • Monthly Rent:
  • 36159.30
  • Property Taxes:
  • $38,888
  • Tax Year:
  • 2015
  • Driveway:
  • Asphalt
  • Cooling System:
  • Central, Ductless Ac Unit, Heat Pump
  • Existing Water:
  • Public
  • Heating:
  • Forced Air, Gas, Radiant, Zonal
  • Sewage Type:
  • Public Sewer
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo
  • Listing Provided By Keller Williams Realty East Idaho
  • SNAKE

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