75 S 3rd E, Rexburg, ID 83440

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

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List Price
$699,000
Price Change
▼ $40,000 1783980025
MLS#
2186015
Status
ACTIVE
Price Per Sqft
$174
Bedrooms
7
Bathrooms
4
Full-baths
4
Sq. Ft
4,010
Acres
0.40
Year Built
1960
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

Taxes
$3,060
Interior Features
Renovated, Storage
Appliances
Dryer, Microwave, Refrigerator, Oven, Washer, Dishwasher, Stove
Roof
Architectural
Garage Spaces
2
Garage Description
Garage
Cooling
Central Air
Heating
Natural Gas, Fireplace
Water
Public
Sewer
Public Sewer
Elementary School
Lincoln 321EL
Middle School
Madison 321JH
High School
Madison 321HS

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Real Estate Two70.