280 1st St, Idaho Falls, ID 83401

$1,200,000
12
BD
12
BA
8,752
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$1,200,000
MLS#
2189005
Status
ACTIVE
Price Per Sqft
$137
Bedrooms
12
Bathrooms
12
Full-baths
12
Sq. Ft
8,752
Acres
0.22
Year Built
1920
Subdivision
Crows Addition-Bon

Property Description

280 1st Street is a well maintained 12 unit multifamily property in Idaho Falls, Idaho, offering investors a strong cap rate and dependable cash flow in a growing market. Idaho Falls continues to see steady population growth, low vacancy, and rising rental demand, making it one of the more attractive multifamily markets in the region for long term investors. The property comes with professional management already in place, making it an easy, turnkey addition to a portfolio for an investor looking for reliable, low-hassle performance and strong returns. With solid in-place income and a location in one of Idaho's most stable rental markets, 280 1st Street is a compelling opportunity for an investor seeking dependable cash flow and long-term growth in a market that continues to attract renters and new residents alike.

Additional Information

Taxes
$11,895
Roof
Membrane, Metal
Cooling
None
Heating
Electric, Baseboard
Water
Public
Sewer
Public Sewer
Elementary School
Dora Erickson Elementary School
Middle School
Taylor View 91JH
High School
Idaho Falls 91HS

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Silvercreek Realty Group.