Property Search Details

1334 Elmwood Circle Twin Falls, ID 83301

Directions

Filer Ave East then S on Elm St. then East on Elmwood Circle. Located on a quiet dead end cul-de-sac.

Price: $769,500
Beds: 8
Baths: 2
Garages:
Type: Quadruplex
Area:
Land Size: 10000SF - .49
SqFt: 3960
Subdivision: 0 Not Applic.
Year Built: 1963
Construction: Brick, Frame, Vinyl Siding

Includes

Gas: Unit 1 Separate Meter, Unit 2 Separate Meter, Unit 3 Separate Meter, Unit 4 Separate Meter
Air Conditioned: false
Water: City Service
Heating: Forced Air, Natural Gas

Schools

School District: Twin Falls School District #411
Sr High School: Twin Falls
Jr High School: OLeary
Grade School: Sawtooth

Contact for more details:

A-Team Consultants
1099 S Wells St #200, Meridian, ID 83642
Phone: 208.761.1735   Email: info@ateamboise.com

Description

Fantastic investment opportunity in the heart of Twin Falls! Tucked away in a quiet cul-de-sac, this well-maintained 4-plex offers a strong rental history and is currently fully occupied. Each single-level unit features 2 bedrooms, 1 bathroom and approximately 740 sq. ft., along with a covered front patio and private back patio and yard area. Mature landscaping adds to the property`s appeal, while a full basement provides convenient access to each unit`s individual furnace and water heater. Owner currently pays city water, sewer, trash and yard maintenance. Current rents produce an approximate 6.7% cap rate, with projected market rents bringing the potential cap rate to over 7.2%. A solid, income-producing property with room for future upside.
Legal Description:
TWIN FALLS ELMWOOD SUBD LOT 11; W 50` LOT 12 (10-10-17 SW)
Listing info for this property courtesy of  Berkshire Hathaway HomeServices Idaho Homes & Properties  Information deemed reliable but not guaranteed. Buyer to verify all information. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s), shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.