Properties

> 4 units For sale

2.14 Acre - 575 TIGER, Idaho Falls, Idaho 83401

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Property Description

PRICE REDUCED $400,000 for quick sale! Price is firm/non-negotiable. Terrific cap rate. 55 TOTAL UNITS!!! Great investment opportunity. Well constructed and maintained apartments that are within walking distance of schools, stores, laundry ect. Very good location. Vacancy rates are very low. The 55 units are a mixture of studio, 1 and 2 bedroom units. Nearly 50% of the apartments have been remodeled with new kitchens and ceramic tile. Entire complex was updated with vinyl siding and windows and the roofs have all been replaced in recent years as well. Tenants are on their own meters. Owner provides water and tenants pay remainder of utilities. Total square footage is for the entire complex. Buyer to verify square footage. For total rental income contact agent. There are 10 Studios, 11 – 1 Bedroom, 34 – 2 Bedroom and 36 enclosed garages that rent for $30.00 a month with a coin operated laundry for additional income.

Basic Details
Property Type : > 4 units
Listing Type : For sale
Listing ID : 1487190
Days on Market : 25
Price : $2,999,000
Bathrooms : 0
Year Built : 1953
Lot Size : 2.14 Acre
Level 1 square feet : 0 Sqft
Features
Heating System : Electric
Parking : 26
garage capacity : 36
Address Map
Country : US
State : ID
County : Bonneville
City : Idaho Falls
Area : CLEAR CREEK
Zipcode : 83401
Street : TIGER
Street Number : 575
Longitude : W113° 58' 53.6''
Latitude : N43° 29' 32.9''
Additional Features
style : Other/See Remarks
amenities : See Remarks,Laundry: Coin,Park/Playground
exterior : Aluminum/Vinyl
terms : Cash,Conventional
agent : 87963
storage : See Remarks
roof : Asphalt Shingles
water : Culinary
status : 0
schooldistrict : 0
totunits : 58
taxes : 22698
garage : Detached
Listing Courtesy of : Keller Williams Realty East Idaho
: 0 Acre
Contact Agent
> 4 units For sale
  • Listing ID : 1487190
  • Bathrooms : 0
  • Lot Size : 2.14 Acre
  • Visits : 7 in 10 days
$2,999,000
Jeremy  Higginson
Market Source Real Estate
1400 South 1100 East
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