150/156 E 2 S, Rexburg, ID 83440

$575,000
14
BD
7
BA
6,241
SqFt
List Price
$575,000
Days on Market
10
MLS#
2122525
Status
ACTIVE
Price Per Sqft
$92
Bedrooms
14
Bathrooms
7
Full-baths
6
Half-baths
1
Sq. Ft
6,241
Acres
0.324
Subdivision
Parker Addition-Mad
Year Built
1920

Property Description

LOCATED 1 BLOCK FROM THE NE CORNER OF BYU-IDAHO - This 2-home complex consists of non-approved dormitory and year-leased units. This complex is NOT BYU-Idaho approved but easily rents to non-university women as dormitory space. It has been extensively remodeled in the last year. The units have been in flux this year as owner has remodeled, 12-month history on rent is less than the current income multiplied for the next 12-months. Return on investment of 7.31% to 8.15% on this property. Please see Documents for details on improvements to the property in the last year and income.

Additional Information

Taxes
$5,328
Construction Status
Brick, Frame
Style
Separate Buildings, Units Over and Under
Roof
Architectural
Garage Spaces
1
Basement Desc
Finished, Daylight Windows, Walk-out, Egress Windows, Partial, Exterior Entrance, Partially Finished
Cooling
None
Heating
Separate Power Meters, Separate Water Heaters, Common Power Meters, Common Water Heaters, Separate Heat
Water
Public
Sewer
Public Sewer
Elementary School
Lincoln 321el
Middle School
Madison 321jh
High School
Madison 321hs

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Realty Quest.