885 Andrews Pl, Rexburg, ID 83440

$649,000
: 8
BD
: 4
BA
: 3,120
SqFt

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List Price: $649,000
Status: ACTIVE
MLS#: 2188865
Subtype: Residential Income
Year Built: 2003
Bedrooms: 8
Bathrooms: 4
Full Baths: 4
Living Area: 3,120
Lot Size: 13,068
Price Per Sqft: $208
Acres: 0.30
Subdivision: Andrews Addition-Mad

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Property Description

Excellent 4-plex investment opportunity in a central Rexburg location! This property features four 2-bedroom, 1-bath units, all currently leased for $900 or more per month, providing established rental income from day one. With four separate units, the property offers multiple income streams while keeping everything conveniently located all under one roof. The property offers numerous off-street parking spaces, providing added convenience for tenants and a valuable feature for a multi-unit property. The owner has also recently had concrete lifted in the front of the property as part of ongoing property upkeep. The central location puts tenants close to the best of Rexburg's everyday conveniences, with easy highway access and numerous shops, restaurants, and services nearby. BYU-Idaho is just over 2 miles away, making this a convenient location for students, faculty, and others who want quick access to campus while still being close to the growing commercial areas of Rexburg. With established tenants, current rents of $900 or more per unit, ample off-street parking, and a convenient location near BYU-Idaho and major transportation routes, this 4-plex offers a strong opportunity to add an income-producing property to your Rexburg portfolio.

(208) 606-3387

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