51 S 1 E

Rexburg, ID 83440 View Map $4,300,000 Schedule a Tour
Baths56
Sq.Ft.36,368
Year1984
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Status: Active
Property Type:11+ Units
MLS #:2127461
Sq. Feet:36,368
On Site:11 Days
Lot Size:1.2 Acres
This is an ideal investment property for the investor who would like to have a 'hands-free operation'. With management in place both off-site and on-site, this investment can be easily maintained and operated from a distance. Currently BYU- I approved single men's housing. These 4-7 (28 apartments with 140 beds total) man apartments were recently remodeled in 2013 and look great! This complex features amazing amenities including a large weight room, a game room equipped with Foosball, pool and ping pong tables, a theater room eqipped with a projector and stadium seating, a large lounge great for gatherings, and free laundry on each floor. The rooms themselves are air conditioned and fully furnished with a dishwasher, 2 refrigerators, a vacuum cleaner, ironing board and 2 desks with chairs. The property has more than adequate parking which is a commodity that is very difficult to replicate in the Rexburg single student housing area, an area which is predefined and overseen by the university. The buyer will be required to work with the BYU-Idaho Housing Office as the new owner for the qualified single student housing. Don't miss this hard to find opportunity to own single family housing approved by BYU-I and an excellent location between campus and Main Street.

Mortgage Calculator

$000 Monthly Payment
Loan and interest only. Taxes and insurance not included.

Detailed Maps

Community Information

Address:51 S 1 E Rexburg, ID 83440
Area:Madison
City:Rexburg
Zip Code:83440

School Information

High School:Madison 321Hs
Middle School:Madison 321Jh
Elementary School:Lincoln 321El

Architecture

Bathrooms: 56
Year Built:1984
Construction: Existing-Fully Updated
Exterior Primary: Block, Stone, Brick, Stucco, Precast/Tilt-up Concrete
Exterior Secondary: Block
Style/Design: All Units in One Building
Roof: Membrane
Foundation: Concrete Perimeter

Features / Amenities

Total Sq. Ft.:36368
Amenities: 24 Hour Maintenance, Additional Storage, Clubhouse, Common Laundry, Off Street Parking
Heating: Radiant, Zonal, Gas, Forced Air
Cooling: Central, Heat Pump, Ductless AC Unit

Property Features

Lot Size: 1.2 Acres
Location: Near University/College, High Traffic, Near Mall/Shop
Landscaping: Concrete Curbing
Water: Public
Sewer: Public Sewer
Utilities: Separate Power Meters, Common Water Heaters, Common Power Meters, Separate Heat, Common Heat, Separate Water Heaters
Driveway Type: Asphalt
Zoning:REXBURG-MIXED USE 2

Tax and Financial Info

Taxes: $52,103
Tax Year: 2019
Terms: Cash, Conventional
Owner Pays: Cable TV, Electricity, Common Area Maintenance, Sewer, Gas, Snow Removal, Insurance, Trash Collection, Grounds Care, Water

Schools

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51 S 1 E Rexburg, ID 83440
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51 S 1 E Rexburg, ID 83440
 
ASAP
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28
May
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29
May
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30
May
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31
May
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Choose Your Date -- It's Free, Cancel Anytime
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Listing Information Last Updated 5/27/2020
Listing provided courtesy of Keller Williams Realty East Idaho.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than Hughes Real Estate Group of Silvercreek Realty Group are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The Broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.