Skip To Content
    Return to Previous Page

    355.5 W 2 S

    Rexburg, ID 83440
    • $384,900
    • STATUS: Active
    • ON SITE: 255 days
    • MLS #: 2128003
    UPDATED: 69 min ago
    $384,900
    • 9
      BEDS
    • 0.28
      ACRES
    • 4
      BATHS
    • 0
      1/2 BATHS
    • 3,300
      SQFT
    • $117
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1980
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    PRICE REDUCTION!!!! At this new list price and with recent adjustments to monthly rents, this property has a CAP RATE OF 7.4%, which is excellent by Rexburg standards! Great investment property in the heart of Rexburg. Just blocks from the University, Porter Park and Main Street. Triplex has a solid rental history with low vacancy, but is not BYUI approved single student housing. Lots of potential, the main floor is a three bedroom/two bath unit, basement has four bedrooms and one bath, and converted garage is a cozy two bedroom/one bath unit. Units are rented with each tenant occupying a private room. Laundry is available to upper and lower units. Street access is from 2nd S, garage unit has access from 4th W, both are established easements. Roof was replaced in 2014.

    Monthly Payment Calculator

    © 2020 Information provided by Snake River Regional Multiple Listing Service (SNRRMLS) is deemed reliable but not guaranteed. Real estate listings held by brokerage firms other than The Group Real Estate are marked with the SNRRMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated: 2020-12-02T16:23:10.407.
    www.idahomefinder.com/homes/104364511
    Print Image

    355.5 W 2 S Rexburg, ID 83440

    • Price: $384,900
    • Status: Active
    • Updated: 69 min ago
    • MLS #: 2128003
    9
    Beds
    4
    Baths
    0
    ½ Baths
    0.28
    Acres
    3,300
    SQFT
    $117
    $/SQFT
    1980
    Built
    Neighborhood:
    Southend Addition-Mad
    County:
    Madison
    Area:
    Rexburg
    Elementary School:
    Kennedy 321El
    Middle School:
    Madison 321Jh
    High School:
    Madison 321Hs
    Property Description
    PRICE REDUCTION!!!! At this new list price and with recent adjustments to monthly rents, this property has a CAP RATE OF 7.4%, which is excellent by Rexburg standards! Great investment property in the heart of Rexburg. Just blocks from the University, Porter Park and Main Street. Triplex has a solid rental history with low vacancy, but is not BYUI approved single student housing. Lots of potential, the main floor is a three bedroom/two bath unit, basement has four bedrooms and one bath, and converted garage is a cozy two bedroom/one bath unit. Units are rented with each tenant occupying a private room. Laundry is available to upper and lower units. Street access is from 2nd S, garage unit has access from 4th W, both are established easements. Roof was replaced in 2014.
    Exterior Features

    Construction And Status Brick Driveway Asphalt Exterior Primary Brick Foundation Concrete Perimeter Garage Stalls 0 Location Near ParkNear University/College Lot Size 11991 Off Street Parking 14 Roof Composition Style All Units in One Building Topography Setting Flat

    Interior Features

    Air Conditioning None Basement Full Heat Source And Type GasForced Air Sq Ft Above Grade 1900 Sq Ft Below Grade 1400 Style1 Baths 2 Style1 Bedrooms 3 Style1 Features DishwasherDryerCeiling Fan(S)WasherLaundry HookupsRefrigeratorStove Style1 Sq Ft 1400 Style2 Baths 1 Style2 Bedrooms 2 Style2 Features RefrigeratorStove Style2 Sq Ft 500 Style3 Baths 1 Style3 Bedrooms 4 Style3 Features RefrigeratorStove Style3 Sq Ft 1400 Style4 Baths 0 Style4 Bedrooms 0 Style4 Sq Ft 0 Style5 Baths 0 Style5 Bedrooms 0 Style5 Sq Ft 0 Style6 Baths 0 Style6 Bedrooms 0 Style6 Sq Ft 0 Total Baths 4

    Property Features

    Amenities Off Street Parking Covenants No Distressed Property Not Applicable Exclusions Tenants' Personal PropertyAll Furnishings. Fixer Upper No Flood Plain U Gross Monthly Rent 2700.00 Handicap Access No Ho Exempt Not Exempt HOA No Inclusions Refrigerators (3)Stoves (3)Dishwasher (1)Wood Stoves (2). Owner Pays ElectricityCommon Area MaintenanceSewerGasSnow RemovalInsuranceTrash CollectionGrounds CareWater Property Type Triplex Provider Other Info Rocky Mountain Power Sewer Public Sewer Style1 Rent 1200 Style1 Units 1 Style2 Rent 750 Style2 Units 1 Style3 Rent 1300 Style3 Units 1 Style4 Rent 0 Style4 Units 0 Style5 Rent 0 Style5 Units 0 Style6 Rent 0 Style6 Units 0 Sub Area Rexburg Tax Year 2020 Taxes 3207.00 Tenant Pays Other Terms CashConventional1031 Exchange Utilities Common Water HeatersCommon Power Meters Water Public Zoning General Rx High Density Re Zoning Specific Rexburg-High Density Resid 1

    Listing provided courtesy of Silvercreek Realty Group.
    © 2020 Information provided by Snake River Regional Multiple Listing Service (SNRRMLS) is deemed reliable but not guaranteed. Real estate listings held by brokerage firms other than The Group Real Estate are marked with the SNRRMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated: 2020-12-02T16:23:10.407.
     
    https://bt-photos.global.ssl.fastly.net/snakeriver/orig_boomver_1_2128003-2.jpg https://bt-photos.global.ssl.fastly.net/snakeriver/orig_boomver_1_2128003-2.jpg https://bt-photos.global.ssl.fastly.net/snakeriver/orig_boomver_1_2128003-2.jpg
    Logo
    The Group Real Estate
    950 Memorial Drive
    Idaho Falls ID, 83402