1070 Mckinley Ave, Pocatello, ID 83201

$2,400,000
12
BD
4
BA
3,200
SqFt

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List Price
$2,400,000
Status
ACTIVE
Price Change
▼ $100,000 1786569420
MLS#
582018
Style
Separate Buildings, Units Over and Under
Year Built
1955
Bedrooms
12
Bathrooms
4
Full Baths
4
Living Area
3,200
Lot Size
61,855
Price Per Sqft
$750
Acres
1.42
MLS Area Major
North Pocatello

Property Description

HERE IS A GREAT OPPORTUNITY TO PURCHASE A 20 UNIT APARTMENT COMPLEX. THERE ARE THREE BUILDINGS LOCATED ON 1.42 ACRES PROVIDING A LOT OF PARKING FOR THE TENANTS PLUS A GRASSY COMMONS AREA. MOST ALL UNITS ARE 3 BEDROOM 1 BATHROOM. RENTS VARY BETWEEN $1,000-$1,110 PER MONTH. TOTAL RENTAL INCOME WHEN 100% OCCUPIED IS $21,690. TENANTS PAY GAS AND ELECTRIC BILLS. SHARED LAUNDRY AREA. BRICK EXTERIOR. MANY UNITS HAVE HAD SOME COSMETIC UPDATING. OTHER UNITS WITH LONG TERM TENANTS HAVE NOT BEEN UPDATED. THE ASKING PRICED HAS BEEN REDUCED. THIS IS A GREAT PRICE BASED ON THE MONTHLY INCOME.

Additional Information

Taxes
$11,412
HOA
No
Property Description
Separate Buildings, Units Over and Under
Heating
Zonal
Elementary School
Lewis & Clark
Middle School
Alameda
High School
Pocatello

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Calculator source: Real Geeks

Listing courtesy of Premier Properties Real Estate Co..