488 D Street, Idaho Falls, ID 83402 - MLS#2179396

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Valorie Blanchard

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

$2,800,000

Est. payment - /mo

16 Beds

16 Baths

12,300 SqFt

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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 12,300 sqft

Price per Sqft $227

Subdivision Railroad Addition-Bon

MLS Listing ID 2179396

Bedrooms 16

Full Baths 16

Year Built 1915

Annual Tax Amount $13,560

Tax Year 2024

Lot Size 0.400 Acres

Property Sub-Type Multi Family

Property Description

Introducing The Chicane Apartments: Your Ticket to downtown living in the Heart of Idaho Falls! Imagine owning a pristine, fully-renovated apartment complex in one of the nation's fastest-growing cities! The Chicane Apartments, located at 488 D St. in Idaho Falls, Idaho, offers you that unique opportunity. Situated in the bustling downtown area, this property is your gateway to a thriving urban lifestyle and a lucrative investment. Experience the perfect blend of residential spaces in this high-visibility location, with great convenience and accessibility. Just one block away, you'll find the Riverwalk Park, nestled alongside the stunning Snake River in the heart of downtown Idaho Falls, brimming with all the attractions, entertainment, and amenities you could ever want. This exceptional offering is the ultimate investment for investors and 1031 exchange buyers alike. Seize the chance to own a low maintenance, and fully renovated apartment complex set up to provide good stable returns. And with the local market expected to see demand outstrip supply for the next 5-10 years, the upside potential for you as the new owner looks very positive! Don't let this opportunity pass you by. Own in the downtown with The Chicane Apartments. Call for offering packet, and 3-D tour links.

Location

State ID

County Bonneville

Area 12300

Zoning General Zoning: Commercial If-Cen,Specific Zoning: Idaho Falls-Cc-Central Commer

Rooms

Basement Crawl Space, Finished, Partial

Interior

Interior Features Ceiling Fan(s), Newly Renovated, Storage, Separate Storage, Other-See Remarks

Heating Mini Split

Cooling Heat Pump, Mini Split

Inclusions 2 Washers 2 Dryers. 4 Fully Furnished Studio - Leather Sofa With Double Recliners, 65 In Flat Panel Hd Tv, Dining Room Table And Chairs, Bed And Luxury Mattress, All Appliances. 6 Storage Units.

Appliance Common Water Heaters, Dishwasher, Microwave, Refrigerator, Oven, Dryer, Stove, Washer

Laundry Common Area, Laundry Included

Exterior

Exterior Feature Lighting

Parking Features Off Street

Garage Spaces 22.0

Garage Description Off Street

Community Features Additional Storage, Sidewalks

Waterfront Description River Front

View Y/N No

Roof Type Membrane

Garage No

Private Pool No

Building

Lot Description Interstate Exit/Access, Near Mall/Shop, Near Park, Near Public Transit, Near Stream/River, Near University/College, Established Lawn, Many Trees, Flower Beds, Sprinkler-Auto, Sprinkler System-Full, Level

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Schools

Elementary Schools Hawthorne 91El

Middle Schools Eagle Rock 91Jh

High Schools Idaho Falls 91Hs

Others

Senior Community false

Security Features Security System

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Special Listing Condition Standard

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Listed by Armstrong Flinders and Associates

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Valorie Blanchard

+1(208) 403-1859

Broker Associate

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488 D Street Idaho Falls, ID 83402

Valorie Blanchard

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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