805 K St, Idaho Falls, ID 83402
- $425,000
- 5
- BD
- 3
- BA
- 2,548
- SqFt
- List Price
- $425,000
- Status
- ACTIVE
- MLS#
- 2188033
- Subtype
- Residential Income
- Year Built
- 1963
- Bedrooms
- 5
- Bathrooms
- 3
- Full Baths
- 3
- Living Area
- 2,548
- Lot Size
- 7,274
- Price Per Sqft
- $166
- Acres
- 0.17
- Subdivision
- Edgewater Heights-Bon
Property Description
Great Investment Opportunity! Fully leased and generating $3,700/month ($44,400 annually), this renovated property offers immediate cash flow with three income streams: the main level rents for $1,900/month (lease through March), the private basement ADU for $1,300/month (lease through March), and the detached shop for $500/month (month-to-month). Located at the end of a quiet dead-end street less than a block from the Chukars baseball stadium and minutes from the Snake River Greenbelt and Downtown Idaho Falls, this is an ideal addition to any investment portfolio. The main level features a bright living room, remodeled kitchen overlooking a spacious family room with fireplace, three bedrooms, two full baths, and access to a large deck and backyard. The separate-entry basement ADU includes a full kitchen, family room with freestanding fireplace, two bedrooms, full bath, and dedicated laundry. The detached shop provides additional income and future flexibility. Rare opportunity to own a fully occupied, income-producing property in a desirable Idaho Falls location.
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Additional Information
- Interior Features
- Ceiling Fans, Renovated
- Taxes
- $3,828
- Appliances
- Dishwasher, Microwave, Refrigerator, Oven, Stove
- Heating
- Natural Gas, Forced Air, Fireplace, Fireplace
- Air Conditioning
- Central Air
- Foundation
- Concrete Perimeter
- Elementary School
- Bush 91EL
- Middle School
- Taylor View 91JH
- High School
- Skyline 91HS
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Listing courtesy of Real Broker LLC.