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265 S Skyline DR Idaho Falls, ID 83402
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Key Details
Sold Price $1,195,000
Property Type Multi-Family
Sub Type Residential Income
Listing Status Sold
Purchase Type For Sale
Square Footage 7,765 sqft
Price per Sqft $153
Subdivision Kensington Park-Bon
MLS Listing ID 2137489
Sold Date 08/20/21
Style Separate Buildings
Construction Status Brick,Precast Concrete
HOA Y/N no
Annual Tax Amount $3,725
Tax Year 2020
Lot Size 0.800 Acres
Acres 0.8
Property Sub-Type Residential Income
Property Description
Well located11-unit apartment building with an upgraded 3br/2ba owner's unit. Owner's unit had a new AC and FAU system installed in last two years. There are additionally eight 2br/1ba units and two studio apartments. An oversized 2-car garage & shop are located at the rear of the property. There are separate gas and electric meters and 9 of the units have gas forced air units and gas water heaters. The studio apartments are all electric. Property has been owned by the seller for 35 years and most units have been upgraded. Valuation is predicated on fair market rents. Seller to guarantee the stated rents for 6 months from closing. Credit not to exceed $20,000. Call listing agent for actual rent roll and a marketing brochure. This property is a "value-add" opportunity with upside in both rents and uses with possible short term rentals to accommodate housing for growth at the Idaho National Laboratory. Note that parking is on both sides of the grass median. There is shared access between the Subject's parking to the south and access to the condo garages.
Location
State ID
County Bonneville
Area Bonneville
Rooms
Basement None
Interior
Heating Gas, Forced Air
Cooling None
Flooring Wood Siding
Exterior
Exterior Feature Brick
Parking Features 1.00
Landscape Description Established Lawn,Established Trees
Utilities Available Separate Power Meters, Separate Heat, Separate Water Heaters
Amenities Available None
View None
Roof Type 3 Tab
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Construction Status Brick,Precast Concrete
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Not Applicable
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Bought with Evolv Brokerage