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    138 7th Street

    Idaho Falls, ID 83401
    • $699,000
    • STATUS: Active
    • ON SITE: 43 days
    • MLS #: 2135407
    UPDATED: 13 min ago
    $699,000
    • 14
      BEDS
    • 0.14
      ACRES
    • 7
      BATHS
    • 0
      1/2 BATHS
    • 5,520
      SQFT
    • $127
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1920
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    Excellent investment opportunity with a 6% CAP Rate and potential of a 6.7 CAP Rate. 11-plex residential property with maintenance free vinyl siding, a new membrane roof, and new sewer mainline. The interior common area was recently updated and security cameras installed. A handful of the units have also been renovated. There is additional income potential if the coin-op laundry were activated.

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    © 2021 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 Team One 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: 2021-05-15T19:23:07.73.
    www.myteamone.com/homes/115691698
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    138 7th Street Idaho Falls, ID 83401

    • Price: $699,000
    • Status: Active
    • Updated: 13 min ago
    • MLS #: 2135407
    14
    Beds
    7
    Baths
    0
    ½ Baths
    0.14
    Acres
    5,520
    SQFT
    $127
    $/SQFT
    1920
    Built
    Neighborhood:
    Crows Addition-Bon
    County:
    Bonneville
    Area:
    Idaho Falls
    Elementary School:
    Linden Park 91El
    Middle School:
    Taylor View 91Jh
    High School:
    Idaho Falls 91Hs
    Property Description
    Excellent investment opportunity with a 6% CAP Rate and potential of a 6.7 CAP Rate. 11-plex residential property with maintenance free vinyl siding, a new membrane roof, and new sewer mainline. The interior common area was recently updated and security cameras installed. A handful of the units have also been renovated. There is additional income potential if the coin-op laundry were activated.
    Exterior Features

    Construction And Status Existing Driveway None Exterior Primary Vinyl Foundation Concrete Perimeter Garage Stalls 0 Landscaping Established LawnEstablished Trees Location Low Traffic Roof Membrane Style All Units in One Building Topography Setting Flat

    Interior Features

    Air Conditioning None Basement Egress WindowsExterior EntranceFinished Heat Source And Type ElectricBaseboard Sq Ft Above Grade 3900 Sq Ft Below Grade 1620 Style1 Baths 1 Style1 Bedrooms 0 Style1 Sq Ft 350 Style2 Baths 1 Style2 Bedrooms 2 Style2 Sq Ft 550 Style3 Baths 1 Style3 Bedrooms 1 Style3 Sq Ft 600 Style4 Baths 1 Style4 Bedrooms 3 Style4 Sq Ft 700 Style5 Baths 0 Style5 Bedrooms 0 Style5 Sq Ft 0 Style6 Baths 0 Style6 Bedrooms 0 Style6 Sq Ft 0 Total Baths 7

    Property Features

    Association Fee Includes None Covenants No Distressed Property Not Applicable Exclusions Tenants Personal Property Fixer Upper No Flood Plain N Gross Monthly Rent 5060.00 Handicap Access No Ho Exempt Not Exempt HOA No Inclusions All Major Kitchen Appliances Owner Pays ElectricityCommon Area MaintenanceGrounds Care Property Type 11+ Units Provider Other Info Idaho Falls Power Sewer Public Sewer Style1 Rent 342 Style1 Units 8 Style2 Rent 675 Style2 Units 1 Style3 Rent 700 Style3 Units 1 Style4 Rent 750 Style4 Units 1 Style5 Rent 0 Style5 Units 0 Style6 Rent 0 Style6 Units 0 Tax Year 2020 Taxes 3643.00 Tenant Pays Electricity Terms CashConventional Utilities Separate Power MetersCommon Water HeatersCommon Power Meters Water Public Zoning General Tn-Trad Neigh Zoning Specific Idaho Falls-Tn-Traditional Nbh

    Listing provided courtesy of Edge Real Estate.
    © 2021 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 Team One 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: 2021-05-15T19:23:07.73.
     
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    Team One Group Real Estate
    1303 12th Avenue South
    Nampa ID, 83651