805 K St, Idaho Falls, ID 83402
- $425,000
- 5
- BD
- 3
- BA
- 2,548
- SqFt
- List Price
- $425,000
- MLS#
- 2188034
- Status
- ACTIVE
- Price Per Sqft
- $166
- Bedrooms
- 5
- Bathrooms
- 3
- Full-baths
- 3
- Sq. Ft
- 2,548
- Acres
- 0.17
- Year Built
- 1963
- Subdivision
- Edgewater 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.
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Additional Information
- Taxes
- $3,828
- Interior Features
- Second Kitchen, In-Law Arrangement, Formal Dining, Family Room Main Level, Master Downstairs, Primary Bathroom, Storage, Ceiling Fans
- Appliances
- Dishwasher, Microwave, Electric Range, Refrigerator, LP Gas Water Heater
- Style
- Ranch
- Roof
- Asphalt
- Garage Description
- Detached, Workshop in Garage, Paved
- Cooling
- Central Air
- Heating
- Natural Gas, Forced Air
- Water
- Public
- Sewer
- Public Sewer
- Elementary School
- Bush 91EL
- Middle School
- Taylor View 91JH
- High School
- Skyline 91HS
Mortgage Calculator
Listing courtesy of Real Broker LLC.