246 S 2nd E, Rexburg, ID 83440
- $569,000
- 4
- BD
- 2
- BA
- 1,624
- SqFt
- List Price
- $569,000
- MLS#
- 2186952
- Status
- ACTIVE
- Price Per Sqft
- $350
- Bedrooms
- 4
- Bathrooms
- 2
- Full-baths
- 2
- Sq. Ft
- 1,624
- Acres
- 0.19
- Year Built
- 1918
- Subdivision
- Parker Addition-Mad
Property Description
Step into a rare Rexburg opportunity where historic charm, modern updates, and exceptional income potential come together on one property. This adorable bungalow-style home has been thoughtfully updated throughout while preserving the character and warmth that make historic homes so desirable. Currently operating as a successful nightly rental with a strong occupancy history, the main residence features 4 bedrooms, 2 full bathrooms, inviting living spaces, and the kind of timeless appeal guests and homeowners alike are drawn to. Adding even more value is the fully approved accessory dwelling unit (ADU) situated on the west side of the property. This separate 1-bedroom, 1-bathroom residence currently has a tenant in place, providing immediate income and creating a true dual-income investment opportunity. Location is everything, and this property delivers. Situated just blocks from BYU-Idaho and within walking distance to downtown Rexburg's shopping, dining, and amenities, the demand for both short-term and long-term housing remains strong. Whether you're looking to expand your investment portfolio, offset your mortgage with rental income, or own a unique property with multiple revenue streams, this is an opportunity you won't want to miss.
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Additional Information
- Taxes
- $2,977
- Interior Features
- Additional Living Quarters, Game Room, Family Room Main Level, Newly Painted
- Appliances
- Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
- Style
- Traditional
- Roof
- Asphalt
- Garage Description
- None, Asphalt, Dirt Driveway
- Cooling
- Window/Wall
- Heating
- Natural Gas, Forced Air
- Water
- Public
- Sewer
- Public Sewer
- Elementary School
- Lincoln 321EL
- Middle School
- Madison 321JH
- High School
- Madison 321HS
Mortgage Calculator
Listing courtesy of Keller Williams Realty East Idaho.