NOT LISTED FOR SALE

125 N Water Ave Idaho Falls, ID 83402

14 Beds
14 Baths
6,560 Sq Ft
0.48 Acres

Last Sold March 09, 2015

37 Days on Market

Highlights

  • River Nearby
  • Corner Lot
  • Property is near schools
  • Adjacent to Greenbelt
  • No HOA
  • Many Trees

About This Home

As of March 2015

EXCELLENT BREAD & BUTTER INVESTMENT OPPORTUNITY. Upside in rents. All units separately metered and all utilities are paid by tenants. Unit #4 in shell condition and can potentially be converted to a laundry room for additional income. Ample on-site parking. Close to downtown and within walking distance to the library, two museums and the YMCA. Built in 1940, assessor estimates the effective age as 1965.

Last Agent to Sell the Property

Doug Powell

SVN High Desert Commercial License #SP37708 Listed on: 12/08/2014

SVN High Desert Commercial

Last Buyer's Agent

Doug Powell

SVN High Desert Commercial License #SP37708 Listed on: 12/08/2014

SVN High Desert Commercial

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,605

Year Built

  • Built in 1940

Lot Details

  • 0.48 Acre Lot
  • Lot Dimensions are 140 x 150
  • Adjacent to Greenbelt
  • Corner Lot
  • Many Trees

Parking

  • 2 Car Garage
  • Open Parking
  • Off-Street Parking

Home Design

  • Frame Construction
  • Membrane Roofing
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 6,560 Sq Ft Home
  • Wall to Wall Carpet
  • Partial Basement

Kitchen

  • Oven
  • Stove

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 14 Full Bathrooms

Outdoor Features

  • River Nearby
  • Exterior Lighting

Location

  • Property is near schools

Schools

  • Bush 91El Elementary School
  • Taylor View 91Jh Middle School
  • Idaho Falls 91HS High School

Utilities

  • No Cooling
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • 15 Units
  • Original Townsite Subdivision

Listing and Financial Details

  • Exclusions: Tenant's And Owner's Personal Property. Note That Lot 10 Is Not A Part Of This Sale.
  • Total Actual Rent $47,460
  • Tenant pays for gas, electricity, sewer, trash collection, water
  • The owner pays for common area maintenance, insurance, grounds care, snow removal

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,605

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Has Basement: Partial, None
  • Inclusions: N/A
  • Prop. Type: Residential Income
  • Property Sub Type: Multi Family
  • Lot Size Acres: 0.48
  • Lot Size: 140 x 150
  • Subdivision Name: Original Townsite
  • Directions: Travel east from Yellowstone to Elm; turn south on Water Avenue. Property is at the northwest corner of Water Avenue and Walnut Street.
  • Above Grade Finished Sq Ft: 6560
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Oven, Stove
  • Owner Pays: Common Area Maintenance, Insurance, Grounds Care, Snow Removal
  • Full Bathrooms: 14
  • Total Bedrooms: 14
  • Flooring: Carpet, Wall to Wall Carpet
  • Living Area: 6560

Exterior Features

  • Exclusions: Tenant's And Owner's Personal Property. Note That Lot 10 Is Not A Part Of This Sale.
  • Exterior Features: Lighting
  • Roof: Membrane
  • View: None
  • Lot Features: Low Traffic, Near Green Belt, Near Schools, Near Stream/River, Concrete Curbing, Established Lawn, Many Trees, Corner Lot
  • View: No
  • Construction Type: Frame, Stucco
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Off Street
  • Total Parking Spaces: 17

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Cooling Y N: No
  • Heating: Electric, Natural Gas
  • Electric: Separate Power Meters, Idaho Falls Power
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Senior Community: No
  • Amenities: None
  • Association: No

Schools

  • Middle Or Junior School: Taylor View 91JH

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 20908.8
  • Zoning Description: General Zoning: Res-Multi-Family,Specific Zoning: Idaho Falls-R3a-Res Mixed Use
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Gas, Electricity, Sewer, Trash Collection, Water

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 3605

Multi Family

  • Number Of Units Total: 15
  • Total Actual Rent: 47460
  • Above Grade Finished Area Units: Square Feet

MLS Schools

  • Elementary School: Bush 91EL
  • HighSchool: Idaho Falls 91HS

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2015 03/09/15 Sold -- -- --
01/14/2015 01/14/15 Pending -- -- --
12/08/2014 12/08/14 For Sale $325,000 -- $50 / Sq Ft
Source: Snake River Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Doug Powell

    Seller's Agent in 2015

    Doug Powell

    SVN High Desert Commercial

    (208) 535-8520

    7 Total Sales

    Doug Powell
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Map

Source: Snake River Regional MLS

MLS Number: 196161

Snake River Regional MLS
Idaho Bonneville County Idaho Falls 83402

125 N Water Ave, Idaho Falls, ID

This home is located at 125 N Water Ave, Idaho Falls, ID 83402 since 08 December 2014. This property was built in 1940. 125 N Water Ave is a home located in Bonneville County with nearby schools including Hawthorne Elementary School, Eagle Rock Middle School, and Skyline Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Snake River Regional MLS Copyright Snake River MLS. All rights reserved. Information is deemed reliable but not guaranteed.

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