751 S University Ave.  Blackfoot, Idaho

$250,000   •   5 - 10 Units   •   4 bed, 4 bath   •   2,288 sq ft   •   0.16 acres
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MLS #558764

Asking Price
$250,000
Status
ACTIVE
Location
Blackfoot
Type
5 - 10 Units
Floor Area
2,288 sq ft
Rooms
4 bed, 4 bath
Garage
None
Acreage
0.16 acres
Days on Market
24 Days

 

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.

 

Units

Unit 1
572 sq. ft.
1 Bedroom, 1 Bathroom
Unit 2
572 sq. ft.
1 Bedroom, 1 Bathroom
 
Unit 3
572 sq. ft.
1 Bedroom, 1 Bathroom
Unit 4
572 sq. ft.
1 Bedroom, 1 Bathroom

 

Property Features

Schools

Elementary School:  Stoddard
Middle School:  Mountain View
High School:  Blackfoot

Interior

Amenities:  Additional Storage, Coin Op Laundry, Common Laundry
Unit #1 Features: 
Unit #2 Features: 
Unit #3 Features: 
Unit #4 Features: 

Exterior

Style/Design:  All Units-One Building
Exterior Finish:  Brick
Exterior Accent: 
Roof:  Metal
Window Panes: 
Window Frames: 
Driveway:  Asphalt

Utilities

Utilities:  Sep. Power Meters, Common Heat, Common Water Heaters
Heat Source:  Gas
Heat Type:  Radiant
Air Conditioning:  None
Electricity Provider:  Idaho Power
Average Electric: 
Avg Non-Electric Heat: 
Avg Water/Sewer/Gas: 
Owner Pays: 
Tenant Pays: 

Construction

Year Built:  1950
Builder: 
Construction Status:  Existing
Construction Style: 
Foundation:  Concrete
% Basement Finished: 
Basement Features: 
Fixer Upper?  No

Lot

Acreage:  0.16 acres
Lot Dimensions: 
Location: 
Topography/Setting:  Corner Lot
Fence: 
Landscaping:  Sprinkler-Auto, Established Lawn
Domestic Water:  City/Public Water
Sewer Type:  City Sewer
Subdivision: 
Parcel: 
Zoning–City:  Residential
Zoning–County:  Residential Suburban

Financial

Gross Monthly Rent: 
Taxes:  $3,895.00
Homeowner's Exemption: 
Assoc Fee Includes:  None
Terms:  Cash, Conventional
Agent Owned? 

 

Map

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Disclaimer

This IDX listing is provided courtesy of RE/MAX Preferred Properties for personal, non-commercial use only. Information is deemed reliable but is not guaranteed to be accurate.