Updates in 2024 featuring a new roof & gutters with gutter guards. Projected cap rate of 8% with room for updates & blue sky to push the cap to 10% or more!! Discover a rare opportunity to own a well-maintained 8-unit multifamily property in a high-demand neighborhood. Ideally located next to a beautiful community park and just minutes from local schools, this income-generating property is perfectly positioned to attract long-term tenants seeking convenience, comfort, and quality of life. This 8-plex is an excellent choice for investors seeking steady cash flow, low turnover, and long-term growth potential. Whether you're looking to expand your portfolio or secure a turnkey investment in a family-friendly area, this property is a must-see. Additional Multi-Family units available separately or combined at 145, 147, 149 Robbins Ave. Interior photos available upon request.
| MLS # | 98942412 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| Sub-Type | Resale |
| Status | Active |
| Year | 1920 |
| Days On Site | 211 |
| Listing Provided By | Keller Williams Sun Valley Southern Idaho | Aaron Miskin |
| Bed(s) | 9 |
|---|---|
| Bath(s) | 8 |
| SQ Feet | 4,576 |
| Units | 8 |
| Zoning | R4 Residential Med Dnsty |
| Acreage | 0.39 |
| Cooling | Wall/Window Unit(s), All Units |
|---|---|
| Cooling Yes / No | Yes |
| Heating | Forced Air, Natural Gas, Wall Furnace |
| Heating Yes / No | Yes |
| Appliances | Stove/Range (All Units), Refrigerator (All Units) |
| Flooring | Vinyl Sheet |
| Roof | Composition |
|---|---|
| Foundation Details | Crawl Space |
| Lot Features | 10000SF - .49, R.V. Parking |
| Construction Materials | Frame, Vinyl Siding |
| Fencing | Full, Wire |
| Parking Features | RV Access/Parking |
|---|
| Utilities | Sewer Connected, Cable Connected |
|---|---|
| Electric | Unit 1 Separate Meter, Unit 2 Separate Meter, Unit 3 Separate Meter, Unit 4 Separate Meter, Unit 5 Separate Meter, Unit 6 Separate Meter, Unit 7 Separate Meter, Unit 8 Separate Meter |
| Gas | Unit 1 Separate Meter, Unit 2 Separate Meter, Unit 3 Separate Meter, Unit 4 Separate Meter, Unit 5 Separate Meter, Unit 6 Separate Meter, Unit 7 Separate Meter, Unit 8 Separate Meter |
| Tax Year | 2024 |
|---|---|
| Tax Annual Amount | 2348.54 |
| Tax Legal Description | Twin Falls Calvert Subd Lot 1 (15-10-17 Sw) - See Exhibit A |
| State | ID |
|---|---|
| County | Twin Falls |
| City | Twin Falls |
| Zip Code | 83301 |
| Area | Twin Falls |
| Community Name | Calvert |
| School District | Twin Falls School District #411 |
| Elementary School | Morningside |
| High School | Twin Falls |
| State | ID |
|---|---|
| County | Twin Falls |
| City | Twin Falls |
| Zip Code | 83301 |
| Area | Twin Falls |
| Community Name | Calvert |
| School District | Twin Falls School District #411 |
| Elementary School | Morningside |
| High School | Twin Falls |