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250 N 200 W

Downey, ID 83234

Rambler/Ranch

Downey, ID 83234

250 N 200 W

$325,000

MLS#: 2177619

Status: Active

Listing provided by: Real Broker LLC (Idaho)

Listing agent phone: None

Last update: 8 days ago

On site: 2 months ago

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About

TURNKEY INCOME PROPERTY - 3 RENTAL UNITS WITH TENANTS IN PLACE! Investors, take a look at this income-producing opportunity at 798 Garfield St in Idaho Falls. All three units are currently rented at $850, $800 & $1,100 per month, generating $2,750/month or $33,000 in annual gross rental income from day one. Existing tenants provide immediate income without the expense and downtime of filling vacant units. Situated on a large 0.41-acre lot, this property offers something increasingly difficult to find in an established Idaho Falls location: rental income plus substantial outdoor space for tenants. The property is turnkey and already producing, making it an attractive addition to an investor's rental portfolio. Whether you're looking to expand an existing portfolio, purchase your first multi-unit investment, or secure a property with established rental history, this one deserves a closer look. Three income streams. Tenants already in place. $33,000 annual gross rent. Large lot. Turnkey investment.

Property

Beds

3

Full Baths

None

1/2 Baths

None

3/4 Baths

2

Year Built

2023

Sq.Footage

1,150

Features

Features & Amenities

Interior

  • Total Bedrooms

    3

  • Bathrooms

    N/A

  • 3/4 Bathrooms

    2

  • Basement YN

    NO

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Forced Air, Propane

  • Pet friendly

    N/A

Exterior

  • Garage

    Yes

  • Garage spaces

    2

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.29

  • Lot Size(square feet)

    12,632

  • Property Type

    Residential

  • Property Sub Type

    Single Family Residence

  • Architectural Style

    Rambler/Ranch

Price

  • Sales Price

    $325,000

  • Tax Amount

    $928

  • Sq. Footage

    1,150

  • Price/SqFt

    $282

HOA

  • Association

    No

Property Resources

  • Horse Property

    NO

School District

  • Elementary School

    MARSH VALLEY JOINT

  • Middle School

    Marsh Valley

  • High School

    Marsh Valley

Property Features

  • New Construction

    NO

  • Senior Community YN

    NO

Schedule

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Location

  • County

    Bannock

  • Elementary School

    MARSH VALLEY JOINT

  • Middle School

    Marsh Valley

  • High School

    Marsh Valley

Listing Courtesy of Dan Thomas, Real Broker LLC (Idaho)

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Agent Damon Luke

Damon Luke

President / Real Estate Agent

Call Damon today to schedule a private showing.

Phone (801) 477-7421

Email Damon@OnXrealty.com


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TURNKEY INCOME PROPERTY - 3 RENTAL UNITS WITH TENANTS IN PLACE! Investors, take a look at this income-producing opportunity at 798 Garfield St in Idaho Falls. All three units are currently rented at $850, $800 & $1,100 per month, generating $2,750/month or $33,000 in annual gross rental income from day one. Existing tenants provide immediate income without the expense and downtime of filling vacant units. Situated on a large 0.41-acre lot, this property offers something increasingly difficult to find in an established Idaho Falls location: rental income plus substantial outdoor space for tenants. The property is turnkey and already producing, making it an attractive addition to an investor's rental portfolio. Whether you're looking to expand an existing portfolio, purchase your first multi-unit investment, or secure a property with established rental history, this one deserves a closer look. Three income streams. Tenants already in place. $33,000 annual gross rent. Large lot. Turnkey investment.

250 N 200 W

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