PRICE REDUCTION!!!! This property is currently being used as a multi-family investment property. At this new list price and with recent adjustments to monthly rents, this property has a CAP RATE OF 7.4%, which is excellent by Rexburg standards! Great investment property in the heart of Rexburg. Just blocks from the University, Porter Park and Main Street. Triplex has a solid rental history with low vacancy, but is not BYUI approved single student housing. Lots of potential, the main floor is a three bedroom/two bath unit, basement has four bedrooms and one bath, and converted garage is a cozy two bedroom/one bath unit. Units are rented with each tenant occupying a private room. Laundry is available to upper and lower units. Street access is from 2nd S, garage unit has access from 4th W, both are established easements. Roof was replaced in 2014.

Construction And Status Brick Driveway Asphalt Exterior Primary Brick Exterior Secondary Wood Siding Foundation Concrete Perimeter Garage None Irrigation None Location Near ParkNear University/College Roof Metal Style 1 Story

Air Conditioning None Appliances Included DishwasherRange/Oven-ElectricRefrigerator Basement FullEgress WindowsExterior EntranceFinished Basement Percent Finished 100 Bedrooms Basement 4 Bedrooms Lower 0 Bedrooms Main 5 Bedrooms Upper 0 Dens Basement 0 Dens Lower 0 Dens Main 0 Dens Upper 0 Family Rooms Basement 1 Family Rooms Lower 0 Family Rooms Main 2 Family Rooms Upper 0 Fireplace 2Wood Fireplaces Basement 1 Fireplaces Lower 0 Fireplaces Main 1 Fireplaces Upper 0 Formal Dining Rooms Basement 0 Formal Dining Rooms Lower 0 Formal Dining Rooms Main 1 Formal Dining Rooms Upper 0 Full Baths Basement 1 Full Baths Lower 0 Full Baths Main 3 Full Baths Upper 0 Half Baths Basement 0 Half Baths Lower 0 Half Baths Main 0 Half Baths Upper 0 Heat Source And Type GasForced Air Interior Features Ceiling Fan(S) Kitchens Basement 1 Kitchens Lower 0 Kitchens Main 2 Kitchens Upper 0 Laundry Main Level Laundry Basement 0 Laundry Lower 0 Laundry Main 1 Laundry Upper 0 Living Rooms Basement 0 Living Rooms Lower 0 Living Rooms Main 0 Living Rooms Upper 0 Other Rooms 2nd KitchenMaster BathApartmentMain Floor Master Bedroom Sq Ft Above Grade 1900 Sq Ft Basement 1400 Sq Ft Below Grade 1400 Sq Ft Lower 0 Sq Ft Main 1900 Sq Ft Upper 0 Total Baths 4

Covenants No Distressed Property Not Applicable Exclusions Tenants' Personal PropertyAll Furnishings. Fixer Upper No Flood Plain U Handicap Access No Ho Exempt Not Exempt HOA No Inclusions Refrigerators (3)Stoves (3)Dishwasher (1)Wood Stoves (2). Property Type Single Family Provider Other Info Rocky Mountain Power Sewer Public Sewer Tax Year 2020 Taxes 3207.00 Terms CashConventional1031 Exchange Water Public Zoning Specific Rexburg-High Density Resid 1

Listing provided courtesy of Silvercreek Realty Group.

© 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: 2021-01-22T19:23:08.677.

355.5 W 2 S

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355.5 W 2 S Rexburg, ID 83440

Property Description

Construction And Status	Brick
Driveway	Asphalt
Exterior Primary	Brick
Exterior Secondary	Wood Siding
Foundation	Concrete Perimeter
Garage	None
Irrigation	None
Location	Near Park Near University/College
Roof	Metal
Style	1 Story

Air Conditioning	None
Appliances Included	Dishwasher Range/Oven-Electric Refrigerator
Basement	Full Egress Windows Exterior Entrance Finished
Basement Percent Finished	100
Bedrooms Basement	4
Bedrooms Lower	0
Bedrooms Main	5
Bedrooms Upper	0
Dens Basement	0
Dens Lower	0
Dens Main	0
Dens Upper	0
Family Rooms Basement	1
Family Rooms Lower	0
Family Rooms Main	2
Family Rooms Upper	0
Fireplace	2 Wood
Fireplaces Basement	1
Fireplaces Lower	0
Fireplaces Main	1
Fireplaces Upper	0
Formal Dining Rooms Basement	0
Formal Dining Rooms Lower	0
Formal Dining Rooms Main	1
Formal Dining Rooms Upper	0
Full Baths Basement	1
Full Baths Lower	0
Full Baths Main	3
Full Baths Upper	0
Half Baths Basement	0
Half Baths Lower	0
Half Baths Main	0
Half Baths Upper	0
Heat Source And Type	Gas Forced Air
Interior Features	Ceiling Fan(S)
Kitchens Basement	1
Kitchens Lower	0
Kitchens Main	2
Kitchens Upper	0
Laundry	Main Level
Laundry Basement	0
Laundry Lower	0
Laundry Main	1
Laundry Upper	0
Living Rooms Basement	0
Living Rooms Lower	0
Living Rooms Main	0
Living Rooms Upper	0
Other Rooms	2nd Kitchen Master Bath Apartment Main Floor Master Bedroom
Sq Ft Above Grade	1900
Sq Ft Basement	1400
Sq Ft Below Grade	1400
Sq Ft Lower	0
Sq Ft Main	1900
Sq Ft Upper	0
Total Baths	4

Covenants	No
Distressed Property	Not Applicable
Exclusions	Tenants' Personal Property All Furnishings.
Fixer Upper	No
Flood Plain	U
Handicap Access	No
Ho Exempt	Not Exempt
HOA	No
Inclusions	Refrigerators (3) Stoves (3) Dishwasher (1) Wood Stoves (2).
Property Type	Single Family
Provider Other Info	Rocky Mountain Power
Sewer	Public Sewer
Tax Year	2020
Taxes	3207.00
Terms	Cash Conventional 1031 Exchange
Water	Public
Zoning Specific	Rexburg-High Density Resid 1