751 S University Ave.  Blackfoot, Idaho

OFF THE MARKET
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MLS #558764

Status
OFF THE MARKET

 

Property Description

Brick 7-plex with newer metal roof and many of the apartments have been updated. There are five 1-bedroom apartments on the main level and 2 apartments in the basement, one is a 1 bedroom and the other is a 2 bedroom. All have ranges & refrigerators. Also in the basement is a common laundry area with one leased coin operated washer & dryer. The heating system is a gas fed hot water boiler system and there are two gas water heaters that serve all 7 apartments. Each unit has a thermostat and can control their own heat. The owner pays for the gas, electricity in the common area and the city services. There are separate meters for each unit for electricity. Sellers have put some serious money into updating this building, all new electrical breaker services inside and out in 2017, raising the level around the building, installing window wells & paving the parking lot in 2016 and installing grass & sprinkler system in 2017. One apartment has a tenant that has been in residence for over 20 years, that one will need the most work and has the lowest rent. Buyers to verify square footage. Sellers will not close until after the first of the year and agent will need extra days to respond to the offer because sellers are out of the country. Call to find out what title company to use.

 

Disclaimer

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