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    650 N Arthur Avenue

    Pocatello, ID 83204
    • $348,900
    • STATUS: Active
    • ON SITE: 27 days
    • MLS #: 566364
    UPDATED: 13 min ago
    $348,900
    • 6
      BEDS
    • 0.18
      ACRES
    • 4
      BATHS
    • 0
      1/2 BATHS
    • 2,642
      SQFT
    • $132
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1935
    County:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    Cash making machine 7% Cap rate. PLEASE DO NOT DISTURBE TENNANTS, CALL AGENT. Apartment 1 685$ 40-50 under priced. Month to month Apartment 2 685$ 20$ under priced. 9months Apartment 3 650$ 35$ under priced. 9 Moth lease Apartment 4 585. 8 Moth lease Seller wants to move on to buy bigger complex. 2605 Total Rents -118.16 Taxes per month -156.00-200 water,sewer gas -80 Insurance (high) -gives 25$ per renter if they pay rent before the first. 2100.00-2251.00 Value adds: under rent in 3 of the apartments. 1. 40-50/,pmtj 2. 20 3. 35 95 A moth=14250 value add Room for storage units In back 3=175month. Retail=26,250 The basements are not part of the rent $ 30-40 A month Could charge for parking 50-100 a month (for non street side parking in back) Last time the add for the apartment was ran for 3 days we have over 40 applications. Almost 0 vaccines over a 10 year period, Long live applications zero cost to fill! Have had long term tenants in these apartments. Some 3,5,7 years. Near major call center Train hub and R&R hub, downtown stores. 1.5 miles away from ISU Major Essential businesses business Amd Simplot Costco Amys kitchen Fbi Builidng Etc, Disclaimers Upgrade c buildings which regularly attracted b retees duo to upgrades and location Possible buyout by restaurant du to commercial zoning status. Very high traffic area. Properties of apartments: 2 brand new units this year. High cathedral like ceilings. High end lighting

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    © 2020 Greater Pocatello Association of REALTORS® Multiple Listing Service. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Group Real Estate. Data last updated: 2020-10-20T13:31:14.92.

    www.idahomefinder.com/homes/110290411
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    650 N Arthur Avenue Pocatello, ID 83204

    • Price: $348,900
    • Status: Active
    • Updated: 13 min ago
    • MLS #: 566364
    6
    Beds
    4
    Baths
    0
    ½ Baths
    0.18
    Acres
    2,642
    SQFT
    $132
    $/SQFT
    1935
    Built
    Neighborhood:
    South Pocatello
    County:
    Bannock
    Area:
    South Pocatello
    Elementary School:
    Jefferson
    Middle School:
    Irving
    High School:
    Pocatello
    Property Description
    Cash making machine 7% Cap rate. PLEASE DO NOT DISTURBE TENNANTS, CALL AGENT. Apartment 1 685$ 40-50 under priced. Month to month Apartment 2 685$ 20$ under priced. 9months Apartment 3 650$ 35$ under priced. 9 Moth lease Apartment 4 585. 8 Moth lease Seller wants to move on to buy bigger complex. 2605 Total Rents -118.16 Taxes per month -156.00-200 water,sewer gas -80 Insurance (high) -gives 25$ per renter if they pay rent before the first. 2100.00-2251.00 Value adds: under rent in 3 of the apartments. 1. 40-50/,pmtj 2. 20 3. 35 95 A moth=14250 value add Room for storage units In back 3=175month. Retail=26,250 The basements are not part of the rent $ 30-40 A month Could charge for parking 50-100 a month (for non street side parking in back) Last time the add for the apartment was ran for 3 days we have over 40 applications. Almost 0 vaccines over a 10 year period, Long live applications zero cost to fill! Have had long term tenants in these apartments. Some 3,5,7 years. Near major call center Train hub and R&R hub, downtown stores. 1.5 miles away from ISU Major Essential businesses business Amd Simplot Costco Amys kitchen Fbi Builidng Etc, Disclaimers Upgrade c buildings which regularly attracted b retees duo to upgrades and location Possible buyout by restaurant du to commercial zoning status. Very high traffic area. Properties of apartments: 2 brand new units this year. High cathedral like ceilings. High end lighting
    Exterior Features

    Driveway Gravel Exterior Accent Vinyl Exterior Finish Vinyl Foundation ConcreteSlab On Grade Garage Type None Landscaping Established Lawn Primary Roof Metal Topography Setting Corner Lot

    Interior Features

    Basement Substructure Basement Unfinished Primary Heat Source Electric Primary Heat Type Other Total Fireplaces 0 Unit1 Bedrooms 2 Unit1 Full Baths 1 Unit1 Half Baths 0 Unit1 Sqft 720 Unit2 Bedrooms 2 Unit2 Full Baths 1 Unit2 Half Baths 0 Unit2 Sqft 720 Unit3 Bedrooms 1 Unit3 Full Baths 1 Unit3 Half Baths 0 Unit3 Sqft 601 Unit4 Bedrooms 1 Unit4 Full Baths 1 Unit4 Half Baths 0 Unit4 Sqft 601

    Property Features

    Amenities Common LaundryOff Street ParkingSidewalks Domestic Water City/Public Water Electric Provided By Idaho Power Fixer Uppery N No Foreclosure YN No Hoa Dues YN No Location High TrafficNear SchoolsNear University/College Sewer Type City Sewer Short Sale YN No Style Design All Units-One Building Taxes 1419.4 Terms CashConventionalFhaVa Type Fourplex Unit1 Gross Rent Month 685 Unit2 Gross Rent Month 685 Unit3 Gross Rent Month 650 Zoning City Commercial General Zoning County Multiple Use

    Listing provided courtesy of Steve Young of Exp Realty Llc. © 2020 Greater Pocatello Association of REALTORS® Multiple Listing Service. All Rights Reserved.


    © 2020 Greater Pocatello Association of REALTORS® Multiple Listing Service. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Group Real Estate. Data last updated: 2020-10-20T13:31:14.92.

     
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