280 1st Street, Idaho Falls, ID 83401

$1,200,000
  • 280 1st Street, Idaho Falls, ID 83401 Main Photo

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New to the Market Active
BEDS12 BATHS12 full SQUARE FEET8,752 MLS#2189005
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONCROWS ADDITION-BON

Property Description

280 1st Street is a well maintained 12 unit multifamily property in Idaho Falls, Idaho, offering investors a strong cap rate and dependable cash flow in a growing market. Idaho Falls continues to see steady population growth, low vacancy, and rising rental demand, making it one of the more attractive multifamily markets in the region for long term investors. The property comes with professional management already in place, making it an easy, turnkey addition to a portfolio for an investor looking for reliable, low-hassle performance and strong returns. With solid in-place income and a location in one of Idahos most stable rental markets, 280 1st Street is a compelling opportunity for an investor seeking dependable cash flow and long-term growth in a market that continues to attract renters and new residents alike.

280 1st Street | MLS# 2189005

This multi-family property located at 280 1st Street, Idaho Falls, ID 83401 is currently listed for sale with an asking price of $1,200,000. Search Idaho Falls real estate on www.cbidahofalls.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Finished, Partial
Basement: Yes
Cooling: None
Heating: Electric, Baseboard
Lot Size: 0.22 Acres
Roof Type: Membrane, Metal
Taxes: $11,895
Year Built: 1920

Units

Unit Type 1:
Bedrooms: 1
Bathroom(s): 1
Rent: $780.00
Square Footage: 730

Feature Descriptions

Days on Site: 1
Exterior: Vinyl Siding
Foundation: Concrete Perimeter
Handicap Access: 0
HOA Y/N: No
Owner Pays: Electricity, Sewer, Trash Collection, Water
Parcel #: RPA0540003004A
Sewer: Public Sewer
SQFT Above Grade: 7972
SQFT Below Grade: 780
Tenant Pays: Electricity
Units: 12
Water: Public

Local Schools

High School: IDAHO FALLS 91HS
Middle School: TAYLOR VIEW 91JH
Elementary School: Dora Erickson Elementary School

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

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Estimated Payment

$ 4,011.93 per month $2,670.68 Principal & Interest $991.25 Property Tax $350.00 Homeowner's Insurance

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