274 W 1st N, Rexburg, ID 83440

$597,500
7
BD
4
BA
3,728
SqFt
List Price
$597,500
Days on Market
19
MLS#
2137069
Status
ACTIVE
Price Per Sqft
$160
Bedrooms
7
Bathrooms
4
Full-baths
4
Sq. Ft
3,728
Acres
0.225
Year Built
2014

Property Description

Incredible investment opportunity with GROWING INCOME DAILY! This property includes a home built about 1950, which has extensively remodeled into two Air BnB units since Oct 2020 - the bookings and income have grown every month since both units went on-line; main level #274-up has 2 bedrooms & 1 bath; basement #274-down has 1 bedroom & 1 bath. A separate building #268-up and #270-down was moved onto a new basement in 2014 and is now an over/under duplex with 2 bedrooms & 1 bath in each. All 4 units include washers & dryers. The garage was remodeled in 2019 to be a cosmetology studio, there is no plumbing in the garage, no rental income has been established for the garage/studio and it still needs work to be a office or studio. There is a fenced yard, an automatic lawn sprinkler system. View both Air BnB units at the following link https://www.airbnb.com/rooms/43957810?s=2&unique_share_id=c65b505f-935f-47e1-a1aa-3fbd7af820f0 Units 1, 2 & 4 have carpet in living & bedrooms with hard floor in water areas. Unit 3/#270 upper W1stN is all hardwood floors. Duplex units are metered separately so tenants pay their own utilities; city bill is one for entire property.

Additional Information

Taxes
$5,925
Construction Status
Frame
Style
Separate Buildings, Units Over and Under
Roof
Architectural
Garage Spaces
2
Basement Desc
Full, Daylight Windows, Egress Windows, Exterior Entrance, Finished
Cooling
Central
Heating
Separate Power Meters
Water
Public
Sewer
Public Sewer
Elementary School
Kennedy 321el
Middle School
Madison 321jh
High School
Madison 321hs

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

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Calculator source: Real Geeks

Listing courtesy of Realty Quest.