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Homes for sale · Rexburg

Price improvedMLS 2190195

10 College Avenue

Rexburg, ID 83440

Just improved

$825,000

Was $850,000

10 College Avenue photo 1 of 331 / 33
Beds
—
Baths
6
Sqft
—
On market
10 days
Year
1920
Lot
0.08 ac
Type
Commercial Sale

Listed by Steven Phaysounlaphong · Silvercreek Realty Group

About this home

Fully leased downtown Rexburg mixed-use investment property generating approximately $60,000 in annualized gross income under current leases, per seller, with potential for future rent growth as leases allow. Features three commercial storefronts and four upstairs one-bedroom, one-bath apartments near BYU-Idaho, shopping, dining, and downtown amenities. Apartments vary in size and layout, with vaulted ceilings in most units. Select apartments have been recently repainted and remodeled. Shared coin-operated washer and dryer provide convenience and supplemental income. Roofing work completed approximately 3-4 years ago, per seller. Additional basement space offers storage options. Seller reports a consistent rental history throughout several years of ownership. Rent roll and financial inform

Estimated payment

$4,968/mo

20% down · 6.75% · 30 yr · taxes & insurance included

Principal & interest
$4,281
Est. property tax
$495
Est. insurance
$193

Local estimate (~0.72% of price per year, not a lender quote). Madison County levy rates vary by tax code area — we'll run exact numbers on tour.

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Showing desk for Archibald-Bagley Real Estate

Archibald-Bagley Real Estate · (208) 745-5911

Archibald-Bagley Real Estate — real estate in Eastern Idaho. Call (208) 745-5911. Office 527 Rigby Lake Dr Suite A, Rigby, ID 83442. Website https://www.archibaldbagley.com/.