New updates in 2024, featuring a new roof, gutters with gutter guards, brand-new flooring, updated tile bathrooms, modern light fixtures, new doors, and much more. With a projected 8.7% cap rate you'll want to seize this unique opportunity to acquire a 12-unit portfolio across four well-located multifamily properties! Pro Forma, Rent Roll, & T12 available. This is a rare chance to secure immediate cash flow, stable tenants, and long-term upside, all in one solid package. Just minutes from the college campus there's strong demand from students and young professionals. This property has a proven rental history, is well-maintained, and offers room for value-add improvements or rent increases in line with market trends. You'll get diversified income streams, low vacancy, and strong growth potential. Whether you're looking to expand your investment footprint or start strong with multiple income-generating assets, this rare opportunity is not to be missed. An 8plex is also available, 442 Locust St in Twin Falls
MLS # | 98942414 |
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Listing Type | For Sale |
Style | Town House |
Sub-Type | Resale |
Status | Active |
Year | 1978 |
Days On Site | 93 |
Listing Provided By | Keller Williams Sun Valley Southern Idaho | Aaron Miskin |
Bed(s) | 16 |
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Bath(s) | 16 |
SQ Feet | 10,096 |
Car Port | Yes |
Units | 12 |
Zoning | R4 Residential Med Dnsty |
Acreage | 0.94 |
Property | 13817 |
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State | ID |
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County | Twin Falls |
City | Twin Falls |
Zip Code | 83301 |
Area | Twin Falls |
School District | Twin Falls School District #411 |
Elementary School | Twin Falls School District #411 |
Middle School | Twin Falls School District #411 |
High School | Twin Falls School District #411 |