431 S 3rd W, Rexburg, ID 83440 - MLS#2176310 - Valorie Blanchard

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Valorie Blanchard

val@valorieslist.com +1(208) 403-1859

$4,410,000

Est. payment - /mo

21,862 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Residential Income

Listing Status Active

Purchase Type For Sale

Square Footage 21,862 sqft

Price per Sqft $201

MLS Listing ID 2176310

Style All Units in One Building

Construction Status Existing

HOA Fees $242/mo

HOA Y/N yes

Annual Tax Amount $50,422

Tax Year 2024

Lot Size 1.200 Acres

Acres 1.2

Property Sub-Type Residential Income

Property Description

17 unit package. Come enjoy Rexburg like never before! This is a brand new product to the Rexburg housing market. Zoning allows for Air BNBs! This is a turn key airbnb portfolio. Fully furnished units! Each condo boasts a spacious 1,286sqft with 3 beds and 2 baths. Bathroom has a spacious 3 spot vanity. All units feature an in unit washer and dryer that are included with the purchase. Amenities include a spacious lounge perfect for hosting get together and parties as well as updated gym. HOA includes water, sewer, garbage, gas, tv, and internet as well as snow removal. Whether you are looking for your first home, second home, Air BNB, or long term investment this property can do it all. The condo conversion took place in Mid June 2022. Because the units are now condos they can be rented to off track students, online students, married couple and the general public. The only restriction is for single students currently enrolled with BYU Idaho. Please see BYU Idahos rules and regulations for more info. All units are fully furnished and are a turnkey rental. All units are designed the exact same. All units have the same layout and square footage.

Location

State ID

County Madison

Area Madison

Rooms

Basement None

Interior

Heating Gas, Forced Air

Cooling Central

Exterior

Exterior Feature Block, Brick, Metal, Vinyl

Parking Features 51.00

Landscape Description Concrete Curbing,Established Lawn,Established Trees,Flower Beds,Sprinkler-Auto

Utilities Available Separate Power Meters, Separate Heat, Common Water Heaters

Amenities Available Additional Storage

Roof Type Architectural

Building

Sewer Public Sewer

Water Public

Structure Type Block,Brick,Metal,Vinyl

Construction Status Existing

Others

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Special Listing Condition Not Applicable

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Listed by Real Broker LLC

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Valorie Blanchard

+1(208) 403-1859

Broker Associate

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431 S 3rd W Rexburg, ID 83440

Valorie Blanchard

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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