10 College Ave, Rexburg, ID 83440
- $825,000
- 4
- BD
- 6
- BA
- 8,820
- SqFt
- List Price
- $825,000
- MLS#
- 2190196
- Status
- ACTIVE
- Price Per Sqft
- $93
- Bedrooms
- 4
- Bathrooms
- 6
- Full-baths
- 6
- Sq. Ft
- 8,820
- Acres
- 0.08
- Year Built
- 1920
Property Description
Fully leased downtown Rexburg mixed-use investment property generating approximately $60,000 in annualized gross income under current leases, per seller, with potential for future rent growth as leases allow. Features three commercial storefronts and four upstairs one-bedroom, one-bath apartments near BYU-Idaho, shopping, dining, and downtown amenities. Apartments vary in size and layout, with vaulted ceilings in most units. Select apartments have been recently repainted and remodeled. Shared coin-operated washer and dryer provide convenience and supplemental income. Roofing work completed approximately 3-4 years ago, per seller. Additional basement space offers storage options. Seller reports a consistent rental history throughout several years of ownership. Rent roll and financial information available upon request. Please do not disturb tenants; showings by appointment. Some photos are Ai to declutter some of the rooms.
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Additional Information
- Taxes
- $4,002
- Roof
- Membrane, Wood
- Cooling
- Central Air
- Heating
- Electric, Natural Gas
- Water
- Public
- Sewer
- Public Sewer
- Elementary School
- Lincoln 321EL
- Middle School
- Madison 321JH
- High School
- Madison 321HS
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Listing courtesy of Silvercreek Realty Group.