Homes for sale · Rexburg
10 College Avenue
Rexburg, ID 83440
$825,000
Was $850,000
1 / 33- Beds
- 4
- Baths
- 6
- Sqft
- 8,820
- On market
- 10 days
- Year
- 1920
- Lot
- 0.08 ac
- Type
- Residential Income
Listed by Steven Phaysounlaphong · Silvercreek Realty Group
Schools
- Elementary
- Lincoln 321EL
- Middle
- Madison 321JH
- High
- Madison 321HS
Assigned schools from the MLS listing. Confirm boundaries with the district before you write.
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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