1403 8th Ave E , Twin Falls, ID 83301
$594,900
Est. Payment: $1,322.00/mo
5 Bed
4 Bath
3004 Sqft
Status: Active | Days on site: 3
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10424 - 556156
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House Description

**INVESTMENT OPPORTUNITY IN TWIN FALLS!** This income-producing 4-plex offers an excellent opportunity for investors seeking steady rental income and future flexibility. All four units are currently occupied by long-term tenants, providing immediate income and an established rental history. Each unit features washer/dryer hookups for added tenant convenience. The three main units share the same utility meters, while the rear unit has its own power meter and pays its own electricity. Looking for additional income potential? The property was previously operated as short-term rentals, offering the possibility to explore returning to that model, or be utilized for generational living. The option to have the three main units converted to one home is also a possibility. With four occupied units, desirable amenities, and multiple rental strategies to consider, this property is a great opportunity to build or expand your investment portfolio. **Steady income today with potential for tomorrow!**

Highlights

Listed by Veronica Xander , 760-535-5456 Berkshire Hathaway HomeServices Idaho Homes & Properties , 208-733-5336.

Property Type

Multi-Family

Year Built

1950

County

Twin Falls

Neighborhood

0 Not Applic.

School District

Twin Falls School District #411

Listing ID

98998602

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • Bedrooms:5
  • Bathrooms:4
  • Full Bathrooms:
Appliances:Stove/Range (All Units), Refrigerator (All Units), Washer/Dryer (All Units)
Air Cond:Wall/Window Unit(s)
Fireplaces:
Floor:Laminate
Water:City Service

Exterior Features

Lot:10000SF - .49,Garden,R.V. Parking,Partial,Sewer Connected
Garage Capacity:5
Roof:Composition
Parking Features:Two Car,Detached,RV Access/Parking,Finished Driveway,RV Parking
Principal Interest
$1,322
Taxes
$303

Home Price

$594,900

Loan Details

30 yrs
%

Down Payment

20%
$118,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,322.00

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,322.00 $303.00 $0.00 $1,625.00
Yearly $15,864.00 $3,636.00 $0.00 $19,500.00
Total $475,920.00 $109,080.00 $0.00 $585,000.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Twin Falls, ID).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.