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Key Facts

Type Apartment
Levels Residential Income
Size 10096 sqft
Garage Yes
HOA Fees 
Taxes $13,817
Days Active 123
Approx. Age 1978
Avg. Price Per Sqft $222
MLS® Number 98942414

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

New updates in 2024, featuring a new roof, gutters with gutter guards, brand-new flooring, updated tile bathrooms, modern light fixtures, new doors, and much more. With a projected 8.7% cap rate you'll want to seize this unique opportunity to acquire a 12-unit portfolio across four well-located multifamily properties! Pro Forma, Rent Roll, & T12 available. This is a rare chance to secure immediate cash flow, stable tenants, and long-term upside, all in one solid package. Just minutes from the college campus there's strong demand from students and young professionals. This property has a proven rental history, is well-maintained, and offers room for value-add improvements or rent increases in line with market trends. You'll get diversified income streams, low vacancy, and strong growth potential. Whether you're looking to expand your investment footprint or start strong with multiple income-generating assets, this rare opportunity is not to be missed. An 8plex is also available, 442 Locust St in Twin FallsShow Description
MLS® Number98942414
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelWasher/Dryer Hookups (Some Units)
Exposure
Exterior
GarageYes
Approx. Age1978
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatBaseboard, Electric, Forced Air, Fireplace(s)
A/CCentral Air, Wall/Window Unit(s), Some Units
Heating Fuel

Extras

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