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Josh Ranger

josh@ranger-realestate.com +1(702) 277-5436

$ 517,000

Est. payment | -/mo

4 Baths

3,800 SqFt

Save

$ 517,000

Est. payment | -/mo

Save

4 Baths

3,800 SqFt

Key Details

Property Type Commercial

Sub Type Real Estate Only

Listing Status Active

Purchase Type For Sale

Square Footage 3,800 sqft

Price per Sqft $136

Subdivision Brodbecks-Bon

MLS Listing ID 2186029

Year Built 1975

Annual Tax Amount $3,712

Tax Year 2024

Lot Size 9,583 Sqft

Acres 0.22

Property Sub-Type Real Estate Only

Property Description

Income-producing investment opportunity in Idaho Falls! This unique property features two dwellings on one lot with a total of 4 rental units, each with its own private entrance, and all currently fully occupied. Producing approximately $4,400 per month with a long history of consistent occupancy, this is an excellent turnkey investment. No Seller Financing. The front home features an upper 2-bedroom unit with an additional finished bonus/flex room currently used as a primary bedroom, along with a recently remodeled 2-bedroom basement unit. The second dwelling offers 1-bedroom upper and lower units, with the lower unit recently remodeled and including an additional finished flex room that provides extra usable living space. Recent improvements include a new community laundry room equipped with two washers and two dryers, providing added convenience for tenants. The back dwelling also includes its own washer and dryer. The property features two separate fenced yards, separate driveways for each dwelling, and private entrances for every unit, offering privacy and convenience for residents. The current owner has successfully owned and operated the property for approximately 20 years. The property is serviced by Idaho Falls Power. Tenants pays own utilities and maintanence.

Location

State ID

County Bonneville

Area 3800

Zoning General Zoning: Commercial Rg-Com,Specific Zoning: Idaho Falls-R1 Residential

Rooms

Basement Egress Windows, Finished, See Remarks

Interior

Heating Electric, Natural Gas, Forced Air, Zoned, Ductless, Mini Split

Cooling Central Air, Ductless, Mini Split

Inclusions Fixtures And Improvements Owned By Seller, If Any.

Exterior

Parking Features Assigned, Off Street, On Street, Garage, Parking Lot

Garage Description Assigned, Off Street, On Street, Garage, Parking Lot

View Y/N No

Roof Type Composition,Metal

Garage Yes

Private Pool No

Building

Foundation Block, Concrete Perimeter, Slab

Sewer Public Sewer

Water Public

Others

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Special Listing Condition Standard

Listed by Silvercreek Realty Group

Nearby Locations

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133 E 21st Street Idaho Falls, ID 83404