2125 S 4th  Pocatello, Idaho

$1,375,000   •   11 or More Units   •   16 bed, 8 bath   •   4,000 sq ft   •   1.88 acres
Add to FavoritesAdded

Loan Payment

%
years
$
$
 
Advanced  |  Reset

 

 

MLS #558392

Asking Price
$1,375,000
Status
ACTIVE
Location
University Area
Type
11 or More Units
Floor Area
4,000 sq ft
Rooms
16 bed, 8 bath
Garage
None
Acreage
1.88 acres
Cash Flow
$4,400/mo
Days on Market
24 Days

 

Property Description

INCREDIBLE INVESTMENT PROPERTY. THIS IS 5 BUILDINGS - FOUR ONE-LEVEL 4PLEXES WITH 4 BEDROOM UNITS, AND 1 DUPLEX WITH 3 BEDROOM UNITS. CURRENTLY RENTED BY THE ROOM TO STUDENTS FOR $275 EACH INCLUDING UTILITIES AND INTERNET PAID, AND FURNISHED FOR TENANTS (COUCH, TABLE, ETC). MONTHLY RENTAL INCOME IS $19,075 WITH MOST LEASES IN PLACE TO MAY 2018. THIS PROPERTY IS CLEAN AND WELL MAINTAINED. IT HAS 5 PARCELS IF BUYER DESIRES TO GET INDIVIDUAL LOANS ON EACH BUILDING. LARGE PARKING LOT. SOME LARGE IMPROVEMENTS HAVE RECENTLY BEEN COMPLETED - NEW ROOFS ON 3 OF THE 5 BUILDINGS. COIN-OP LAUNDRY ROOM. 1 CAR GARAGE ON DUPLEX. MANAGER IN PLACE - TURN KEY INVESTMENT.

 

Units

Unit 1
1,000 sq. ft.
4 Bedrooms, 2 Bathrooms
Rent:  $1,100/mo.
Unit 2
1,000 sq. ft.
4 Bedrooms, 2 Bathrooms
Rent:  $1,100/mo.
 
Unit 3
1,000 sq. ft.
4 Bedrooms, 2 Bathrooms
Rent:  $1,100/mo.
Unit 4
1,000 sq. ft.
4 Bedrooms, 2 Bathrooms
Rent:  $1,100/mo.

 

Property Features

Schools

Elementary School:  Washington
Middle School:  Franklin
High School:  Century

Interior

Amenities: 
Unit #1 Features: 
Unit #2 Features: 
Unit #3 Features: 
Unit #4 Features: 

Exterior

Style/Design:  Separate Buildings
Exterior Finish:  Vinyl
Exterior Accent:  Brick
Roof:  3 Tab, Architectural
Window Panes: 
Window Frames: 
Driveway: 

Utilities

Utilities:  Sep. Power Meters, Separate Heat, Sep. Water Heaters
Heat Source:  Gas
Heat Type:  Forced Air
Air Conditioning:  Central
Electricity Provider:  Idaho Power
Average Electric: 
Avg Non-Electric Heat: 
Avg Water/Sewer/Gas: 
Owner Pays: 
Tenant Pays: 

Construction

Year Built:  2000
Builder: 
Construction Status:  Existing
Construction Style:  Frame
Foundation:  Concrete
% Basement Finished: 
Basement Features: 
Fixer Upper?  No

Lot

Acreage:  1.88 acres
Lot Dimensions: 
Location:  Near University/College
Topography/Setting:  Flat
Fence: 
Landscaping:  Sprinkler-Auto, Sprinkler System-Full, Established Lawn
Domestic Water:  City/Public Water
Sewer Type:  City Sewer
Subdivision: 
Parcel: 
Zoning–City:  Residential
Zoning–County:  Residential Suburban

Financial

Gross Monthly Rent:  $4,400.00
Taxes:  $27,207.00
Homeowner's Exemption: 
Assoc Fee Includes: 
Terms:  Cash, Conventional
Agent Owned? 

 

Map

Please verify location. A map has been generated based on the address for your convenience, but it has not been verified for accuracy.

 

Request a Showing

 

Disclaimer

This IDX listing is provided courtesy of Keller Williams Realty East Idaho for personal, non-commercial use only. Information is deemed reliable but is not guaranteed to be accurate.