10 College Avenue, Rexburg, ID 83440
10 College Avenue, Rexburg, ID 83440
10 College Avenue, Rexburg, ID 83440
10 College Avenue, Rexburg, ID 83440
10 College Avenue, Rexburg, ID 83440
10 College Avenue, Rexburg, ID 83440
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$ 825,000
Est. payment | /mo

4 Beds

4 Baths

8,820 SqFt


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$ 825,000
Est. payment | /mo
Save

4 Beds

4 Baths

8,820 SqFt

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 8,820 sqft

Price per Sqft $93

Subdivision No Subdivision

MLS Listing ID 2190198

Style Other

Bedrooms 4

Full Baths 4

Year Built 1920

Annual Tax Amount $4,002

Tax Year 2026

Lot Size 3,484 Sqft

Acres 0.08

Property Sub-Type Condominium

Property Description

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 information available upon request. Please do not disturb tenants; showings by appointment. Some photos are Ai to declutter some of the rooms.

Location

State ID

County Madison

Area 8820

Zoning Rexburg - City Center Transect

Rooms

Basement Finished, Unfinished, None

Interior

Interior Features Apartment, Master Downstairs, Office, Ceiling Fan(s), New Paint-Partial, Plumbed For Central Vac, Vaulted Ceiling(s), Walk-In Closet(s)

Heating Electric, Natural Gas

Cooling Central Air, Wall/Window Unit(s)

Flooring Carpet, Plank, Laminate

Fireplaces Type None

Inclusions Seller-Owned Appliances In Apartments And Shared Coin-Operated Washer And Dryer. Existing Fixtures Owned By Seller.

Fireplace No

Appliance Dryer, Microwave, Refrigerator, Washer

Laundry Upper Level

Exterior

Parking Features No Garage

Garage Description No Garage

View Y/N No

Roof Type Membrane

Garage Yes

Private Pool No

Building

Story Bi-Level

Entry Level Bi-Level

Foundation Concrete Perimeter, Stone

Sewer Public Sewer

Water Public

Schools

Elementary Schools Lincoln 321El

Middle Schools Madison 321Jh

High Schools Madison 321Hs

Others

Senior Community false

Acceptable Financing Assumable, Cash, Conventional, 1031 Exchange, FHA, Lease Purchase, Owner May Carry, VA Loan

Listing Terms Assumable, Cash, Conventional, 1031 Exchange, FHA, Lease Purchase, Owner May Carry, VA Loan

Special Listing Condition Standard

Listed by Silvercreek Realty Group

Nearby Locations

Nick Jackuchan

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(208) 881-1938

nick@jgroupid.com

3360 S 15th E, ID, USA

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10 College Avenue