1334 Elmwood Circle
Property Description
Fantastic investment opportunity in the heart of Twin Falls! Tucked away in a quiet cul-de-sac, this well-maintained 4-plex offers a strong rental history and is currently fully occupied. Each single-level unit features 2 bedrooms, 1 bathroom and approximately 740 sq. ft., along with a covered front patio and private back patio and yard area. Mature landscaping adds to the property's appeal, while a full basement provides convenient access to each unit's individual furnace and water heater. Owner currently pays city water, sewer, trash and yard maintenance. Current rents produce an approximate 6.7% cap rate, with projected market rents bringing the potential cap rate to over 7.2%. A solid, income-producing property with room for future upside.
Broker Details
Prudential Idaho Homes & Properties (208) 733-5336
MLS ID: 51050 State License Number: DB32412
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $769,500 |
| No. of Units: | 4 |
| Year Built: | 1963 |
| Lot Size: | 3,960.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $192,375 |
| Property Website | Click Here |
| Number of Bedrooms: | 8 |
| Number of Bathrooms: | 4 |
ID: 3yd-IMLSID-98997509
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