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.
| MLS # | 2188034 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1963 |
| Days On Site | 31 |
| Listing Provided By | Real Broker LLC | Josh Mitchell |
| Bed(s) | 5 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 2,548 |
| Basement | Y |
| Zoning | Idaho Falls-Tn-Traditional Nbh |
| Acreage | 0.17 |
| Property | 3828 |
|---|
| State | ID |
|---|---|
| County | Bonneville |
| City | Idaho Falls |
| Zip Code | 83402 |
| Community Name | Edgewater Heights Bon |
| School District | Skyline 91HS |
| Elementary School | Bush 91EL |
| High School | Skyline 91HS |
| Listing VS Median (in Edgewater Heights Bon) | |
Price: $425,000 low | high Med: $425,000 sqft: 2,548 low | high Med: 2,548 $ / sqft: $167 low | high Med: $167 On site: 31 low | high Med: 31 | |
| State | ID |
|---|---|
| County | Bonneville |
| City | Idaho Falls |
| Zip Code | 83402 |
| Community Name | Edgewater Heights Bon |
| School District | Skyline 91HS |
| Elementary School | Bush 91EL |
| High School | Skyline 91HS |
| Listing VS Median (in Edgewater Heights Bon) | |
Price: $425,000 low | high Med: $425,000 sqft: 2,548 low | high Med: 2,548 $ / sqft: $167 low | high Med: $167 On site: 31 low | high Med: 31 | |