805 K Street
Property Description
Great Investment Opportunity! Fully leased and generating $3,700/month ($44,400 annually), this renovated property offers immediate cash flow with three income streams: the main level rents for $1,900/month (lease through March), the private basement ADU for $1,300/month (lease through March), and the detached shop for $500/month (month-to-month). Located at the end of a quiet dead-end street less than a block from the Chukars baseball stadium and minutes from the Snake River Greenbelt and Downtown Idaho Falls, this is an ideal addition to any investment portfolio. The main level features a bright living room, remodeled kitchen overlooking a spacious family room with fireplace, three bedrooms, two full baths, and access to a large deck and backyard. The separate-entry basement ADU includes a full kitchen, family room with freestanding fireplace, two bedrooms, full bath, and dedicated laundry. The detached shop provides additional income and future flexibility. Rare opportunity to own a fully occupied, income-producing property in a desirable Idaho Falls location.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $425,000 |
| No. of Units: | 2 |
| Year Built: | 1963 |
| Lot Size: | 2,548.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $212,500 |
| Property Website | Click Here |
| Number of Bedrooms: | 5 |
| Number of Bathrooms: | 3 |
ID: 3yd-SNRMLSID-2188033
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