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Listed by Greg Johnston • Premier Properties Real Estate Co.
$2,400,000
Est. payment /mo
12 Beds
4 Baths
3,200 SqFt
Active
1070 MCKINLEY AVE Pocatello, ID 83201
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Key Details
Property Type Multi-Family
Sub Type 11 or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 3,200 sqft
Price per Sqft $750
MLS Listing ID 582018
Style Separate Buildings,Units Over and Under
Bedrooms 12
Full Baths 4
Year Built 1955
Lot Size 1.420 Acres
Property Sub-Type 11 or More Units
Property Description
HERE IS A GREAT OPPORTUNITY TO PURCHASE A 20 UNIT APARTMENT COMPLEX. THERE ARE THREE BUILDINGS LOCATED ON 1.42 ACRES PROVIDING A LOT OF PARKING FOR THE TENANTS PLUS A GRASSY COMMONS AREA. MOST ALL UNITS ARE 3 BEDROOM 1 BATHROOM. RENTS VARY BETWEEN $1,000-$1,110 PER MONTH. TOTAL RENTAL INCOME WHEN 100% OCCUPIED IS $21,690. TENANTS PAY GAS AND ELECTRIC BILLS. SHARED LAUNDRY AREA. BRICK EXTERIOR. MANY UNITS HAVE HAD SOME COSMETIC UPDATING. OTHER UNITS WITH LONG TERM TENANTS HAVE NOT BEEN UPDATED. THE ASKING PRICED HAS BEEN REDUCED. THIS IS A GREAT PRICE BASED ON THE MONTHLY INCOME.
Location
State ID
County Bannock
Zoning Residential
Interior
Heating Gas
Exterior
Exterior Feature Brick
Utilities Available Sep. Power Meters, Separate Heat
Roof Type 3 Tab,Architectural
Topography Flat
Building
Sewer City Sewer
Schools
Elementary Schools Lewis & Clark
Middle Schools Alameda
High Schools Pocatello
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
NEARBY SCHOOL & BUSINESS
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