The home on the lot could be rehabbed, the cinderblock shop building behind may be able to be converted to a business or an ADU, or the buildings could be scraped for a new development to fit your vision. The home has good bones and lots of possibilities for sweat-equity on a .35 acre lot in the heart of Rexburg. The lot/home is approx. 1 block from Porter Park, 2 blocks from Kennedy Elementary AND 3 blocks from BYU-Idaho. The lot is zoned Rexburg LI and is adjacent on south to Rexburg HDR1, it may be possible to re-zone to HDR1. The home is livable as is but rough, it will not qualify for government financing in it's current condition. The chimney on the main floor was closed off some time ago - condition unknown. This is an Estate Sale, condition of home components unknown. The canal on the east is NOT part of the lot or legal description making the lot a full .35 acre. Any changes in use will need to be permitted through the City. Property taxes, year built and sq. ft. are estimates until I can access the City web site.
Listing courtesy of Realty Quest.