75 S 3rd E, Rexburg, ID 83440

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

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$699,000
Status
ACTIVE
Price Change
▼ $40,000 1783980025
MLS#
2186015
Subtype
Residential Income
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
Renovated, Storage
Taxes
$3,060
Flooring
Hardwood
Appliances
Dryer, Microwave, Refrigerator, Oven, Washer, Dishwasher, Stove
Heating
Natural Gas, Fireplace
Air Conditioning
Central Air
Roof
Architectural
Foundation
Concrete Perimeter
Parking Features
Garage
Garage
Garage
Garage Spaces
2
Elementary School
Lincoln 321EL
Middle School
Madison 321JH
High School
Madison 321HS

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Real Estate Two70.