1250 Burton Ave

    Burley, ID 83318
    • $546,315
    • STATUS: Active
    • ON SITE: 113 days
    • MLS #: 98723521
    UPDATED: 35 min ago
    $546,315
    • 16
      BEDS
    • N/A
      ACRES
    • 7
      BATHS
    • 0
      1/2 BATHS
    • 5,848
      SQFT
    • $93
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1973
    County:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:
    Listing Courtesy of Revista Realty Llc.

    Description

    Fantastic value add opportunity on this fully occupied 8 unit apartment. Price is based on a 7% CAP rate. Each unit has 2 bedrooms / 1 bathroom and most of the units have been partially renovated. New roof was installed spring of 2018 and new stairs and decks were built January 2019. Wood will be stained as soon as weather permits. Contact your Realtor Today! AKA MLS #115719

    Directions: Head west on west Main Street from Overland. Left on Burton Ave. Apartments are on RH side.

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    © 2019 Intermountain Multiple Listing Service, Inc. (IMLS). Real estate listings held by brokerage firms other than Juniper Realty Group are marked with the IMLS IDX logo and information about them includes the name of the listing brokerage. Information provided by IMLS is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Data last updated 2019-07-22T18:10:27.183.
    www.juniperrealtygroup.com/homes/93197060

    1250 Burton Ave Burley, ID 83318

    • Price: $546,315
    • Status: Active
    • Updated: 35 min ago
    • MLS #: 98723521
    16
    Beds
    7
    Baths
    0
    ½ Baths
    N/A
    Acres
    5,848
    SQFT
    $93
    $/SQFT
    1973
    Built
    Neighborhood:
    Burley Original Townsite
    County:
    Cassia
    Area:
    Burley-Rupert-Minicassia - 2005
    Elementary School:
    Dworshak
    Middle School:
    Burley Jr High
    High School:
    Burley
    School District:
    Cassia Joint District #151
    Property Description
    Fantastic value add opportunity on this fully occupied 8 unit apartment. Price is based on a 7% CAP rate. Each unit has 2 bedrooms / 1 bathroom and most of the units have been partially renovated. New roof was installed spring of 2018 and new stairs and decks were built January 2019. Wood will be stained as soon as weather permits. Contact your Realtor Today! AKA MLS #115719

    Directions: Head west on west Main Street from Overland. Left on Burton Ave. Apartments are on RH side.
    Exterior Features

    Land Size 10000SF - .49 Lot Size Length 100 Lot Size Width 125 Parking Spaces 24

    Interior Features

    Apx Above Grade Sq Ft 5848 Apx Below Grade Sq Ft 0 Cooling Some Units Disposals All Units Refrigerator All Units Stove Range All Units U1 Apx Sq Ft 731 U2 Apx Sq Ft 731 U3 Apx Sq Ft 731 U4 Apx Sq Ft 731 U5 Apx Sq Ft 731 U6 Apx Sq Ft 731 U7 Apx Sq Ft 731 U8 Apx Sq Ft 731 U8 Baths 1 Washer Dryer Hookups All Units

    Property Features

    Actual Rent Income 59100 Age 31-50 Years Annual Net Operating Income 39140 Assoc Setup Transfer Fees 0 Association Fees 0 Association Frequency Not Applicable Auction YN No City Bus No Flood Ins Required YN No Home Owner Exempt YN No In Foreclosure YN No Irrigation District YN No Land Use 5+ Units Local Improvement Dist YN No Mineral Rights No Multifamily Type Other Potential Short Sale YN No Reo Bank Owned YN No Tax Year 2018 Taxes 5004.78 Total Annual Expense 19955 U1 Actual Monthly Rent 600 U1 Projected Monthly Rent 625 U2 Actual Monthly Rent 650 U2 Projected Monthly Rent 650 U3 Actual Monthly Rent 625 U4 Actual Monthly Rent 625 U4 Projected Monthly Rent 625 U5 Actual Monthly Rent 600 U5 Projected Monthly Rent 625 U6 Actual Monthly Rent 625 U7 Actual Monthly Rent 600 U7 Projected Monthly Rent 625 U8 Actual Monthly Rent 625 U8 Projected Monthly Rent 625 Vacancy Or Credit Loss 0



    © 2019 Intermountain Multiple Listing Service, Inc. (IMLS). Real estate listings held by brokerage firms other than Juniper Realty Group are marked with the IMLS IDX logo and information about them includes the name of the listing brokerage. Information provided by IMLS is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Data last updated 2019-07-22T18:10:27.183.
     
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    Listing Courtesy of Revista Realty Llc.