$319,000

FOR SALE

250 N 200 W

Downey, Id, 83234

MLS #2177619

Subdivision: -

Building: -

3 Beds

-/- Baths

1150 sqft

$ 277.39 /sqft

Property Details

TURNKEY INCOME PROPERTY - 3 RENTAL UNITS WITH TENANTS IN PLACE! Investors, take a look at this income-producing opportunity at 798 Garfield St in Idaho Falls. All three units are currently rented at $850, $800 & $1,100 per month, generating $2,750/month or $33,000 in annual gross rental income from day one. Existing tenants provide immediate income without the expense and downtime of filling vacant units. Situated on a large 0.41-acre lot, this property offers something increasingly difficult to find in an established Idaho Falls location: rental income plus substantial outdoor space for tenants. The property is turnkey and already producing, making it an attractive addition to an investor's rental portfolio. Whether you're looking to expand an existing portfolio, purchase your first multi-unit investment, or secure a property with established rental history, this one deserves a closer look. Three income streams. Tenants already in place. $33,000 annual gross rent. Large lot. Turnkey investment.

Property Features

-

Property Type
Single Family
HOA Fee/Monthly
-
HOPA
No
Membership Fees
-
Appliances
Portable Dishwasher,Dryer,Microwave,Washer
Restrictions
-
Furnished
-
Flooring
-
No. of Floor
-
Terms Considered
Cash,Conventional,FHA
Year Built
2023
Cooling
Central Air
Pets Allowed
-
Amenities
-
Interior
Disposal
Maintenance Fee Includes
-
Governing Bodies
-
Construction
-
Security
-
Heating
Forced Air,Propane
Garage/Carport
2
Dining Area
-
Exterior
-
Pet Restrictions
No
Parking
-
Application Fee
-
Water Access
-
Pool
No
Gated Community
-
Status
Active
Listing Office
Real Broker LLC Idaho

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Listing Courtesy of: Real Broker LLC Idaho