1334 Elmwood Circle, Twin Falls, ID 83301
Courtesy of Berkshire Hathaway HomeServices Idaho Homes & Properties. Main: 208-733-5336
- $769,500
- 8
- BD
- 4
- BA
- 3,960
- SqFt
- List Price
- $769,500
- Status
- ACTIVE
- Days on Market
- 29
- MLS#
- 98997509
- Year Built
- 1963
- Bedrooms
- 8
- Bathrooms
- 4
- Living Area
- 3,960
- Subdivision
- 0 Not Applic.
Property 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.
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Additional Information
- Taxes
- $4,175
- Heating
- Forced Air, Natural Gas
- Air Conditioning
- None
- Exterior Construction
- Brick, Frame, Vinyl Siding
- Roof
- Composition
- School District
- Twin Falls School District #411
- Elementary School
- Sawtooth
- Middle School
- OLeary
- High School
- Twin Falls
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