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265 S Skyline Drive

Idaho Falls, ID 83402
  • $1,195,000
  • STATUS: Active
  • ON SITE: 39 days
  • MLS #: 2137489
UPDATED: 67 min ago
$1,195,000
  • 21
    BEDS
  • 0.8
    ACRES
  • 12
    BATHS
  • 0
    1/2 BATHS
  • 7,765
    SQFT
  • $154
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1964
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Well located11-unit apartment building with an upgraded 3br/2ba owner's unit. Owner's unit had a new AC and FAU system installed in last two years. There are additionally eight 2br/1ba units and two studio apartments. An oversized 2-car garage & shop are located at the rear of the property. There are separate gas and electric meters and 9 of the units have gas forced air units and gas water heaters. The studio apartments are all electric. Property has been owned by the seller for 35 years and most units have been upgraded. Valuation is predicated on fair market rents. Seller to guarantee the stated rents for 6 months from closing. Credit not to exceed $20,000. Call listing agent for actual rent roll and a marketing brochure. This property is a "value-add" opportunity with upside in both rents and uses with possible short term rentals to accommodate housing for growth at the Idaho National Laboratory. Note that parking is on both sides of the grass median. There is shared access between the Subject's parking to the south and access to the condo garages.

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© 2021 Information provided by Snake River Regional Multiple Listing Service (SNRRMLS) is deemed reliable but not guaranteed. Real estate listings held by brokerage firms other than The Perfect Home | Keller Williams Realty East Idaho are marked with the SNRRMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated: 2021-08-01T11:23:05.07.
www.idahoperfecthome.com/homes/118601304
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265 S Skyline Drive Idaho Falls, ID 83402

  • Price: $1,195,000
  • Status: Active
  • Updated: 67 min ago
  • MLS #: 2137489
21
Beds
12
Baths
0
½ Baths
0.8
Acres
7,765
SQFT
$154
$/SQFT
1964
Built
Neighborhood:
Kensington Park-Bon
County:
Bonneville
Area:
Idaho Falls
Elementary School:
Fox Hollow 91El
Middle School:
Eagle Rock 91Jh
High School:
Skyline 91Hs
Property Description
Well located11-unit apartment building with an upgraded 3br/2ba owner's unit. Owner's unit had a new AC and FAU system installed in last two years. There are additionally eight 2br/1ba units and two studio apartments. An oversized 2-car garage & shop are located at the rear of the property. There are separate gas and electric meters and 9 of the units have gas forced air units and gas water heaters. The studio apartments are all electric. Property has been owned by the seller for 35 years and most units have been upgraded. Valuation is predicated on fair market rents. Seller to guarantee the stated rents for 6 months from closing. Credit not to exceed $20,000. Call listing agent for actual rent roll and a marketing brochure. This property is a "value-add" opportunity with upside in both rents and uses with possible short term rentals to accommodate housing for growth at the Idaho National Laboratory. Note that parking is on both sides of the grass median. There is shared access between the Subject's parking to the south and access to the condo garages.
Exterior Features

Construction And Status BrickPrecast Concrete Driveway Asphalt Exterior Primary Brick Exterior Secondary Wood Siding Foundation Concrete PerimeterSlab Garage Stalls 1 Landscaping Established LawnEstablished Trees Location None Lot Size 34705 Off Street Parking 18 Roof 3 Tab Style Separate Buildings Topography Setting Slight Slope View None

Interior Features

Air Conditioning None Basement None Heat Source And Type GasForced Air Sq Ft Above Grade 7765 Sq Ft Below Grade 0 Style1 Baths 2 Style1 Bedrooms 3 Style1 Features DeckDishwasherSecurity SystemWall To Wall CarpetCeiling Fan(S)FireplaceNewly RenovatedCentral H/AGarageLaundry HookupsRefrigeratorStove Style1 Sq Ft 1605 Style2 Baths 1 Style2 Bedrooms 2 Style2 Features Wall To Wall CarpetNewly RenovatedCentral H/ARefrigeratorStove Style2 Sq Ft 680 Style3 Baths 1 Style3 Bedrooms 0 Style3 Features Wall To Wall CarpetRefrigeratorStove Style3 Sq Ft 360 Style4 Baths 0 Style4 Bedrooms 0 Style4 Features Other-See Remarks Style4 Sq Ft 0 Style5 Baths 0 Style5 Bedrooms 0 Style5 Features Other-See Remarks Style5 Sq Ft 0 Style6 Baths 0 Style6 Bedrooms 0 Style6 Features Other-See Remarks Style6 Sq Ft 0 Total Baths 12

Property Features

Actual Annual Rent 100200.00 Amenities None Association Fee Includes None Covenants No Distressed Property Not Applicable Exclusions Owner's And Tenant's Personal Property Fixer Upper No Flood Plain U Gross Monthly Rent 8350.00 Handicap Access No Ho Exempt Not Exempt HOA No Inclusions All Appliances Presently in All Units. Owner Pays SewerSnow RemovalInsuranceGrounds Care Property Type 11+ Units Provider Other Info Idaho Falls Power Sewer Public Sewer Style1 Rent 1450 Style1 Units 1 Style2 Rent 750 Style2 Units 8 Style3 Rent 450 Style3 Units 2 Style4 Rent 0 Style4 Units 0 Style5 Rent 0 Style5 Units 0 Style6 Rent 0 Style6 Units 0 Sub Area West Idaho Falls Tax Year 2020 Taxes 3725.00 Tenant Pays Cable TvElectricitySewerGasTrash CollectionWater Terms CashConventional Utilities Separate Power MetersSeparate HeatSeparate Water Heaters Water Public Zoning General Commercial Zoning Specific Not Verified

Listing provided courtesy of Svn High Desert Commercial.
© 2021 Information provided by Snake River Regional Multiple Listing Service (SNRRMLS) is deemed reliable but not guaranteed. Real estate listings held by brokerage firms other than The Perfect Home | Keller Williams Realty East Idaho are marked with the SNRRMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated: 2021-08-01T11:23:05.07.
 
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The Perfect Home | Keller Williams Realty East Idaho
3525 Merlin Dr.
Idaho Falls ID, 83404