885 Andrews, Rexburg, ID 83440
- $649,000
- 8
- BD
- 4
- BA
- 3,120
- SqFt
- List Price
- $649,000
- MLS#
- 2188865
- Status
- ACTIVE
- Price Per Sqft
- $208
- Bedrooms
- 8
- Bathrooms
- 4
- Full-baths
- 4
- Sq. Ft
- 3,120
- Acres
- 0.30
- Year Built
- 2003
- Subdivision
- Andrews Addition-Mad
Property Description
Excellent 4-plex investment opportunity in a central Rexburg location! This property features four 2-bedroom, 1-bath units, all currently leased for $900 or more per month, providing established rental income from day one. With four separate units, the property offers multiple income streams while keeping everything conveniently located all under one roof. The property offers numerous off-street parking spaces, providing added convenience for tenants and a valuable feature for a multi-unit property. The owner has also recently had concrete lifted in the front of the property as part of ongoing property upkeep. The central location puts tenants close to the best of Rexburg's everyday conveniences, with easy highway access and numerous shops, restaurants, and services nearby. BYU-Idaho is just over 2 miles away, making this a convenient location for students, faculty, and others who want quick access to campus while still being close to the growing commercial areas of Rexburg. With established tenants, current rents of $900 or more per unit, ample off-street parking, and a convenient location near BYU-Idaho and major transportation routes, this 4-plex offers a strong opportunity to add an income-producing property to your Rexburg portfolio.
Additional Information
- Taxes
- $4,851
- Appliances
- Dishwasher, Microwave, Refrigerator, Oven, Stove
- Roof
- Architectural
- Garage Description
- Off Street
- Cooling
- None
- Heating
- Electric, Zoned
- Water
- Public
- Sewer
- Public Sewer
- Elementary School
- Kennedy 321EL
- Middle School
- Madison 321JH
- High School
- Madison 321HS
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Listing courtesy of Keller Williams Realty East Idaho.