Great investment property only a block and a half away from the BYU-I campus! This duplex has an excellent rental history and has a number of updates that have increased its rental earnings. Currently has tenants signed through December and at the current asking price would return a 7.3% CAP rate. The upstairs is a three bedroom unit with a recently remodeled kitchen with new appliances. One of the bedrooms can easily be used as another living space for families that would prefer an additional living area. The downstairs has two spacious bedrooms with new flooring. Very spacious when compared to other housing options for married students in Rexburg. This could be a great opportunity for students who would like to build equity in their own property while earning additional income from an additional unit. Would also be a great find for a savvy investor looking to cut their teeth in the Rexburg rental market. Other features include: - Home is configured so that each unit pays their own electricity - New carpet (upstairs) and laminate flooring (both upstairs and downstairs) - Multiple off-street parking spaces - Shared laundry with easy access from each unit - Within walking distance to BYU-I - BYU-I Married approved housing Please reach out with any questions!
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
