75 S 3rd E

Rexburg, ID 83440

About this property

We're not messing around with this price drop! Owners are lining up rental contracts that will gross $5,000/month. Make an offer before the property becomes a permanent rental! Walking distance from campus and the hospital, this massive duplex is truly one-of-a-kind. Investors can enjoy a 7% CAP rate with virtually no maintenance. Families looking to offset their mortgage can own an $800,000 asset while paying less than they would in a rental. Every detail reflects elegant craftsmanship, paired with a plethora of brand new upgrades tankless water heaters, high efficiency furnaces, wiring, windows, sewer lines, water lines, gas lines, ductwork, appliances, cabinets, flooring just about everything. Set on nearly half an acre, this turn-key property is not another spec houseit's a revived legacy coupled with an opportunity that simply cannot be matched.

About this property

We're not messing around with this price drop! Owners are lining up rental contracts that will gross $5,000/month. Make an offer before the property becomes a permanent rental! Walking distance from campus and the hospital, this massive duplex is truly one-of-a-kind. Investors can enjoy a 7% CAP rate with virtually no maintenance. Families looking to offset their mortgage can own an $800,000 asset while paying less than they would in a rental. Every detail reflects elegant craftsmanship, paired with a plethora of brand new upgrades tankless water heaters, high efficiency furnaces, wiring, windows, sewer lines, water lines, gas lines, ductwork, appliances, cabinets, flooring just about everything. Set on nearly half an acre, this turn-key property is not another spec houseit's a revived legacy coupled with an opportunity that simply cannot be matched.

Features and Additional Information

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$699,000 Active
7 Bed(s)
4
Baths
4,010 sqft

Presented By Coldwell Banker Distinctive Properties Sun Valley

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Get in touch today! Phone: 1-208-622-3400
Brokerage
Real Estate Two70
1-833-227-0270
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Area Information

| Madison County | Rigby Subdivision Mad

$ 699,000
This listing is play_arrow 9.3% higher than the average in the area
$ 639,450 in the area
4,010 SqFt
This listing is play_arrow 0.2% smaller than the average in the area
4,017 SqFt in the area
$ 174 $/SqFt
This listing is play_arrow 9.5% more than the average in the area
$ 159 $/SqFt in the area
123 days on site
This listing is play_arrow 44.7% above the average in the area
85 days on site in the area

Schools in the Area

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    Elementary School
    Lincoln 321EL
  • turned_in
    Middle School
    Madison 321JH
  • turned_in
    High School
    Madison 321HS
Listed By Joshua Thatcher
Brokerage: Real Estate Two70

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