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.
| MLS # | 2186015 |
|---|---|
| Listing Type | For Sale |
| Style | Duplex |
| Sub-Type | Resale |
| Status | Active |
| Year | 1960 |
| Days On Site | 121 |
| Listing Provided By | Real Estate Two70 | Joshua Thatcher |
| Bed(s) | 7 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 4,010 |
| Garage | 2 |
| Basement | Y |
| Units | 2 |
| Zoning | General Zoning: Rx Low Density R |
| Acreage | 0.40 |
| Property | 3060 |
|---|
| State | ID |
|---|---|
| County | Madison |
| City | Rexburg |
| Zip Code | 83440 |
| Community Name | Rigby Subdivision Mad |
| School District | Madison 321HS |
| Elementary School | Lincoln 321EL |
| High School | Madison 321HS |
| Listing VS Median (in Rigby Subdivision Mad) | |
Price: $699,000 low | high Med: $639,450 sqft: 4,010 low | high Med: 4,017 $ / sqft: $174 low | high Med: $159 On site: 121 low | high Med: 83 | |
| State | ID |
|---|---|
| County | Madison |
| City | Rexburg |
| Zip Code | 83440 |
| Community Name | Rigby Subdivision Mad |
| School District | Madison 321HS |
| Elementary School | Lincoln 321EL |
| High School | Madison 321HS |
| Listing VS Median (in Rigby Subdivision Mad) | |
Price: $699,000 low | high Med: $639,450 sqft: 4,010 low | high Med: 4,017 $ / sqft: $174 low | high Med: $159 On site: 121 low | high Med: 83 | |
![]() | $699,00075 S 3rd ERexburg, ID 83440 |