BEDS4
BATHS6 full
SQUARE FEET2,820
MLS#2190196
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONNONE
Property Description
Fully leased downtown Rexburg mixed-use investment property generating approximately $60,000 in annualized gross income under current leases, per seller, with potential for future rent growth as leases allow. Features three commercial storefronts and four upstairs one-bedroom, one-bath apartments near BYU-Idaho, shopping, dining, and downtown amenities. Apartments vary in size and layout, with vaulted ceilings in most units. Select apartments have been recently repainted and remodeled. Shared coin-operated washer and dryer provide convenience and supplemental income. Roofing work completed approximately 3-4 years ago, per seller. Additional basement space offers storage options. Seller reports a consistent rental history throughout several years of ownership. Rent roll and financial information available upon request. Please do not disturb tenants; showings by appointment. Some photos are Ai to declutter some of the rooms.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Partially Finished, Unfinished
Cooling: Central Air
Heating: Electric, Natural Gas
Lot Size: 0.08 Acres
Roof Type: Membrane, Wood
Taxes: $4,002
Year Built: 1920
Units
Unit Type 1:
Bedrooms: 1
Bathroom(s): 1
Square Footage: 1000
Unit Type 2:
Bedrooms: 1
Bathroom(s): 1
Square Footage: 600
Unit Type 3:
Bedrooms: 1
Bathroom(s): 1
Square Footage: 600
Unit Type 4:
Bedrooms: 1
Bathroom(s): 1
Square Footage: 600
Unit Type 5:
Square Footage: 2000
Unit Type 6:
Square Footage: 2000
Feature Descriptions
Days on Site: 2
Exterior: Brick, Stone, Wood Siding
Foundation: Concrete Perimeter
Handicap Access: 0
HOA Y/N: No
Owner Pays: Common Area Maintenance, Insurance, Grounds Care, Sewer, Trash Collection, Water
Parcel #: RPRRXB10380860
Sewer: Public Sewer
SQFT Above Grade: 3000
SQFT Below Grade: 3000
Tenant Pays: Cable TV, Gas, Electricity
Units: 7
Water: Public
Local Schools
High School: MADISON 321HS
Middle School: MADISON 321JH
Elementary School: LINCOLN 321EL
Listed By / Shown By
Listed By
Agency Name: Silvercreek Realty Group
Agency Phone: 2085236111
Shown By
Agency Title: Coldwell Banker Tomlinson
Agency Phone: (208) 243-7334
Estimate Your Payment
Estimated Payment
$ 2,473.15 per month $1,891.73 Principal & Interest $333.50 Property Tax $247.92 Homeowner's Insurance
10 College Avenue | MLS# 2190196
This multi-family property located at 10 College Avenue, Rexburg, ID 83440 is currently listed for sale with an asking price of $850,000. Search Rexburg real estate on www.cbidahofalls.com today.