125 Shoup Ave W, Twin Falls, ID 83301

Courtesy of Keller Williams Sun Valley Southern Idaho. Main: 208-734-1991

$500,000
7
BD
5
BA
2,970
SqFt

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List Price
$500,000
Status
ACTIVE
Days on Market
68
MLS#
98992940
Year Built
1940
Bedrooms
7
Bathrooms
5
Living Area
2,970
Lot Size
10,018
Acres
0.23
Subdivision
0 Not Applic.

Property Description

8% CAP Rate, FLEXIBLE Zoning, and TRIPLEX Income!! Located in Central Twin Falls, just 4 minutes from the College of Southern Idaho, this income-producing property features three separate dwellings on one large lot with COMMERCIAL ZONING and grandfathered RESIDENTIAL use. Recent improvements include a NEWER ROOF, NEW Furnace, NEW A/C, FULL Bathroom Remodels in the main home, plus a recent REMODEL of the middle unit. The spacious main residence offers flexibility for owner occupancy, student housing, or increased rental income, while two detached homes provide additional income streams. Flexible zoning and the generous lot create opportunities for future improvements or increased density. A rare combination of CASH FLOW, major capital improvements, and long-term upside.

Additional Information

Taxes
$2,836
Heating
Baseboard, Electric, Forced Air, Natural Gas, Fireplace(s)
Air Conditioning
Central Air, Wall/Window Unit(s)
Exterior Construction
Frame, Vinyl Siding
Roof
Composition
Parking Features
RV Access/Parking, Finished Driveway
School District
Twin Falls School District #411
Elementary School
Perrine
Middle School
Robert Stuart
High School
Canyon Ridge


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