554 3rd Street Idaho Falls ID 83401
554 3rd Street Idaho Falls ID 83401
Description
This 4plex is zone R3A so could have a small 5th unit added in the basement. Investors will love this perfectly located all brick 4plex with all 4 units completely remodeled! Brand new stainless steel appliances, vinyl plank flooring, and updated plumbing and electrical! Off street parking in front of the building and from the alley. Apartment 1 is the upper that is 1,375 sq ft and has 4 beds/3baths. Apartment 2 is the main floor right side (552) that is 625 sq ft and has 1 beds/1bath. Apartment 3 is the main floor left side (554) that is 750 sq ft and has 3 beds/1baths. Apartment 4 is the basement unit that has electric cadet heaters (550). It is 775 sq ft of finished space, has 2 beds/1baths and rents for $850. The basement has an unfinished area to access gas furnaces and gas water heaters. Upper floor is occupied, please do not disturb the tenant. Other 3 can be viewed anytime. The city is requiring permits to be pulled and some work to be redone for the basement remodel and main floor units (permits were not pulled for work done). See 3d scans and videos
Property Details
- Type: Fourplex
- Sale/Rent: For Sale
- Style: All Units-One Building
- Lot Acreage: 0.14
- Price Per SQFT: $ 153
- OWNER PAYS: Gas
- TENANT PAYS: Electric
- Percent of Bsmnt Finished: 50
Location & Schools
- County: Bonneville
- Area Desc: Idaho Falls
- Elementary School: Erickson
- Middle School: Taylorview
- High School: Idaho Falls
- ZONING-CITY: Residential,Commercial General
- ZONING-COUNTY: Multiple Use
View on map / Neighborhood
Construction
- CONSTRUCTION: Brick
- BASEMENT/SUBSTRUCTURE: Partial Basement
- PRIMARY ROOF: Membrane
- CONSTRUCTION STATUS: Existing
Rooms & Units description
- # of Units: 4
- Unit 1 Bedrooms: 4
- Unit 1 Full Baths: 2
- Unit 1 SQFT: 1375
- Unit 1 Gross Rent/Month: 1465
- Unit 2 Bedrooms: 3
- Unit 2 Full Baths: 1
- Unit 2 SQFT: 750
- Unit 2 Gross Rent/Month: 1220
- Unit 3 Bedrooms: 2
- Unit 3 Full Baths: 1
- Unit 3 SQFT: 775
- Unit 4 Bedrooms: 1
- Unit 4 Full Baths: 1
- Unit 4 SQFT: 625
- Unit 3 Gross Rent/Month: 900
- Unit 4 Gross Rent/Month: 860
Inside Features
- DOMESTIC WATER: City/Public Water
- AIR CONDITIONING: None
- UTILITIES: Sep. Power Meters,Common Heat,Common Water Heaters
- Primary Heat Source: Gas
- Primary Heat Type: Forced Air
Outside Features
- Garage Type: None
- SEWER TYPE: City Sewer
- EXTERIOR-FINISH: Brick
- DRIVEWAY: Asphalt
Legal Information
- Taxes: $ 2,864
- Tax Year: 2021
- TERMS: Cash,Conventional
- HOA Dues (Y/N): No
- Legal Description: W 10′ LOT 4, E 40′ LOT 5, BLOCK 1, MATHEWSON-VERCLER # 2 NW1/4, SEC 20
- Buyer Exclusions (Y/N): No
- Fixer Upper (Y/N): No
- Dual/Variable Comm (Y/N): No
- Foreclosure y/n: No
- Agent Owned (Y/N): Yes
- Short Sale y/n: No
Need More Info?

208-221-2800 or click to contact me.
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This listing is courtesy of Idaho Falls Real Estate Investment Brokerage. The IDX information is provided exclusively for personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed to be accurate.
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