885 Andrews Place, Rexburg, ID 83440

$649,000
  • 885 Andrews Place, Rexburg, ID 83440 Main Photo

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New to the Market Active
BEDS8 BATHS4 full SQUARE FEET3,120 MLS#2188865
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONANDREWS ADDITION-MAD

Property Description

Excellent 4-plex investment opportunity in a central Rexburg location! This property features four 2-bedroom, 1-bath units, all currently leased for $900 or more per month, providing established rental income from day one. With four separate units, the property offers multiple income streams while keeping everything conveniently located all under one roof. The property offers numerous off-street parking spaces, providing added convenience for tenants and a valuable feature for a multi-unit property. The owner has also recently had concrete lifted in the front of the property as part of ongoing property upkeep. The central location puts tenants close to the best of Rexburgs everyday conveniences, with easy highway access and numerous shops, restaurants, and services nearby. BYU-Idaho is just over 2 miles away, making this a convenient location for students, faculty, and others who want quick access to campus while still being close to the growing commercial areas of Rexburg. With established tenants, current rents of $900 or more per unit, ample off-street parking, and a convenient location near BYU-Idaho and major transportation routes, this 4-plex offers a strong opportunity to add an income-producing property to your Rexburg portfolio.

885 Andrews Place | MLS# 2188865

This multi-family property located at 885 Andrews Place, Rexburg, ID 83440 is currently listed for sale with an asking price of $649,000. Search Rexburg real estate on www.cbidahofalls.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: None
Heating: Electric, Zoned
Lot Size: 0.30 Acres
Roof Type: Architectural
Taxes: $4,851
Year Built: 2003

Units

Unit Type 1:
Bedrooms: 2
Bathroom(s): 1
Rent: $950.00
Square Footage: 780
Unit Type 2:
Bedrooms: 2
Bathroom(s): 1
Rent: $900.00
Square Footage: 780
Unit Type 3:
Bedrooms: 2
Bathroom(s): 1
Rent: $995.00
Square Footage: 780
Unit Type 4:
Bedrooms: 2
Bathroom(s): 1
Rent: $995.00
Square Footage: 780

Feature Descriptions

Amenities: Off Street Parking, Sidewalks
Days on Site: 3
Driveway: Asphalt
Exterior: Vinyl Siding
Flood Plain: No
Foundation: Concrete Perimeter
Handicap Access: 0
HOA Y/N: No
Landscaping: Established Lawn
Location: Interstate Exit/Access, Near Mall/Shop, Near University/College
Owner Pays: Common Area Maintenance, Insurance, Grounds Care, Snow Removal
Parcel #: RPRANDR0010010
Sewer: Public Sewer
SQFT Above Grade: 3120
Tenant Pays: Cable TV, Electricity, Sewer, Trash Collection, Water, Other
Units: 4
Water: Public

Local Schools

High School: MADISON 321HS
Middle School: MADISON 321JH
Elementary School: KENNEDY 321EL

Listed By / Shown By

Listed By

Agency Name: Keller Williams Realty East Idaho
Agency Phone: 2085298888

Shown By

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

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Estimated Payment

$ 2,037.93 per month $1,444.39 Principal & Interest $404.25 Property Tax $189.29 Homeowner's Insurance

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