805 K Street, Idaho Falls, ID 83402

$425,000
  • 805 K Street, Idaho Falls, ID 83402 Main Photo

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New to the Market Active
BEDS5 BATHS3 full SQUARE FEET2,548 MLS#2188033
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONEDGEWATER HEIGHTS-BON

Property Description

Great Investment Opportunity! Fully leased and generating $3,700/month ($44,400 annually), this renovated property offers immediate cash flow with three income streams: the main level rents for $1,900/month (lease through March), the private basement ADU for $1,300/month (lease through March), and the detached shop for $500/month (month-to-month). Located at the end of a quiet dead-end street less than a block from the Chukars baseball stadium and minutes from the Snake River Greenbelt and Downtown Idaho Falls, this is an ideal addition to any investment portfolio. The main level features a bright living room, remodeled kitchen overlooking a spacious family room with fireplace, three bedrooms, two full baths, and access to a large deck and backyard. The separate-entry basement ADU includes a full kitchen, family room with freestanding fireplace, two bedrooms, full bath, and dedicated laundry. The detached shop provides additional income and future flexibility. Rare opportunity to own a fully occupied, income-producing property in a desirable Idaho Falls location.

805 K Street | MLS# 2188033

This multi-family property located at 805 K Street, Idaho Falls, ID 83402 is currently listed for sale with an asking price of $425,000. Search Idaho Falls real estate on www.cbidahofalls.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Exterior Entry, Finished, Full
Cooling: Central Air
Heating: Natural Gas, Forced Air
Lot Size: 0.17 Acres
Roof Type: 3 Tab
Taxes: $3,828
Year Built: 1963

Units

Unit Type 1:
Bedrooms: 3
Bathroom(s): 2
Rent: $1900.00
Square Footage: 1560
Unit Type 2:
Bedrooms: 2
Bathroom(s): 1
Rent: $1300.00
Square Footage: 988

Feature Descriptions

Days on Site: 5
Driveway: Concrete
Exterior: Metal Siding
Foundation: Concrete Perimeter
Handicap Access: 0
HOA Y/N: No
Landscaping: Established Lawn, Established Trees
Location: Interstate Exit/Access, Low Traffic, Near Green Belt, Near Park
Owner Pays: Gas, Insurance, Electricity, Sewer, Trash Collection, Water, Other
Parcel #: RPA0700004000A
Sewer: Public Sewer
SQFT Above Grade: 1560
SQFT Below Grade: 988
Topography: Level
Units: 2
Water: Public

Local Schools

High School: SKYLINE 91HS
Middle School: TAYLOR VIEW 91JH
Elementary School: BUSH 91EL

Listed By / Shown By

Listed By

Agency Name: Real Broker LLC
Agency Phone: 2088413088

Shown By

Agency Title: Coldwell Banker Tomlinson
Agency Phone: (208) 243-7334

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Estimated Payment

$ 1,388.82 per month $945.87 Principal & Interest $319.00 Property Tax $123.96 Homeowner's Insurance

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