75 S 3rd E, Rexburg, ID 83440

$699,000
7
BD
4
BA
4,010
SqFt

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List Price
$699,000
Status
ACTIVE
Price Change
▼ $40,000 1783979422
MLS#
2186014
Subtype
Residential
Style
Ranch
Year Built
1960
Bedrooms
7
Bathrooms
4
Full Baths
4
Living Area
4,010
Lot Size
17,424
Price Per Sqft
$174
Acres
0.40
Subdivision
Rigby Subdivision-Mad

Property Description

We're not messing around with this price drop! Owners are lining up rental contracts that will gross $5,000/month. Make an offer before the property becomes a permanent rental! Walking distance from campus and the hospital, this massive duplex is truly one-of-a-kind. Investors can enjoy a 7% CAP rate with virtually no maintenance. Families looking to offset their mortgage can own an $800,000 asset while paying less than they would in a rental. Every detail reflects elegant craftsmanship, paired with a plethora of brand new upgrades— tankless water heaters, high efficiency furnaces, wiring, windows, sewer lines, water lines, gas lines, ductwork, appliances, cabinets, flooring— just about everything. Set on nearly half an acre, this turn-key property is not another spec house—it's a revived legacy coupled with an opportunity that simply cannot be matched.

Additional Information

Interior Features
Attic, Breakfast Area, Family Room Main Level, Master Downstairs, Primary Bathroom, Pantry, Newly Painted
Taxes
$3,060
Property Description
Ranch
Flooring
Vinyl, Carpet, Hardwood
Appliances
Dishwasher, Freezer, Disposal, Microwave, Exhaust Fan, Vented Exhaust Fan, Electric Range, Gas Range, Refrigerator, LP Gas Water Heater
Heating
Natural Gas, Forced Air
Air Conditioning
Central Air
Levels
Two
Roof
Asphalt
Foundation
Concrete Perimeter
Parking Features
2 Car, Garage Door Opener, Paved
Garage
2 Car, Garage Door Opener, Paved
Garage Spaces
2
Elementary School
Lincoln 321EL
Middle School
Madison 321JH
High School
Madison 321HS

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Calculator source: Real Geeks

Listing courtesy of Real Estate Two70.