612 N Arthur Ave - Apartments FOR SALE


Pocatello, ID 83204
$299,900 USD
208-221-3400
612 N Arthur Ave, Pocatello, ID for Sale
$299,900 USD
Apartments - FOR SALE
1/23
null | 7.44% Cap Rate

612 N Arthur Ave
Pocatello, ID 83204


HIGHLIGHTS

  • Commercial zoning with residential use grandfathered
  • Corner lot
  • Rear unit finished in 2022

OVERVIEW

BRAND NEW EXTERIOR PAINT THAT HIGHLIGHTS THE CHARM OF THIS TURN OF THE CENTURY PROPERTY! PLUS, GET TWO HOMES FOR THE PRICE OF ONE WITH A CHARMING VINTAGE HOME IN FRONT AND A NEARLY NEW SEPERATE SINGLE LEVEL APARTMENT IN BACK! 3 bedroom/1 bathroom home that compliments Pocatello's historic Old Town location. Original hardwood floors and woodwork still shine through nearly 90 years after being constructed and enhances the classic staircase that leads to two of the bedrooms. New paint inside and on the porch freshen up the main home. The former shop in the rear of the property has recently been finished into a spacious 2 bedroom apartment complete with laundry hookups. Tenants have access to off-street parking in front of the apartment while also enjoying a quaint, well landscaped backyard that is fenced. Rear unit is currently rented for $975/month; front unit was recently rented for $1100/month.

FOR SALE DETAILS

PRICE

$299,900 USD

PRICE/SF

$86 USD /SF

# OF UNITS

2

PRICE/UNIT

$149,950

CAP RATE

7.44%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

612 N. Arthur

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1935

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,356 SF

ZONING

C

APN/PARCEL ID

RPPOC297502

ASK ABOUT THIS PROPERTY

Billy SatterfieldRE/MAX Country Real EstateMore Info
208-221-3400

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Billy SatterfieldRE/MAX Country Real EstateMore Info
208-221-3400

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.