NOT LISTED FOR SALE

265 S Skyline Dr Idaho Falls, ID 83402

21 Beds
12 Baths
7,765 Sq Ft
0.8 Acres

Last Sold August 20, 2021

1 Day on Market

Highlights

  • Deck
  • No HOA
  • Forced Air Heating System
  • Multiple Fireplaces
  • Home Security System
  • Ceiling Fan

About This Home

As of August 2021

Well located11-unit apartment building with an upgraded 3br/2ba owner's unit. Owner's unit had a new AC and FAU system installed in last two years. There are additionally eight 2br/1ba units and two studio apartments. An oversized 2-car garage & shop are located at the rear of the property. There are separate gas and electric meters and 9 of the units have gas forced air units and gas water heaters. The studio apartments are all electric. Property has been owned by the seller for 35 years and most units have been upgraded. Valuation is predicated on fair market rents. Seller to guarantee the stated rents for 6 months from closing. Credit not to exceed $20,000. Call listing agent for actual rent roll and a marketing brochure. This property is a "value-add" opportunity with upside in both rents and uses with possible short term rentals to accommodate housing for growth at the Idaho National Laboratory. Note that parking is on both sides of the grass median. There is shared access between the Subject's parking to the south and access to the condo garages.

Last Agent to Sell the Property

Doug Powell

SVN High Desert Commercial License #SP37708 Listed on: 06/22/2021

SVN High Desert Commercial

Last Buyer's Agent

Tanner Kuhn

Evolv Brokerage

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,725

Year Built

  • Built in 1964 | Remodeled

Lot Details

  • 0.8 Acre Lot
  • Gentle Sloping Lot
  • Many Trees

Parking

  • 1 Car Garage
  • Open Parking

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 7,765 Sq Ft Home
  • Ceiling Fan
  • Multiple Fireplaces
  • Wall to Wall Carpet
  • Home Security System
  • Washer and Dryer Hookup

Kitchen

  • Oven
  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 21 Bedrooms
  • 12 Full Bathrooms

Outdoor Features

  • Deck

Schools

  • Fox Hollow 91El Elementary School
  • Eagle Rock 91Jh Middle School
  • Skyline 91HS High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • 11 Units
  • Kensington Park Bon Subdivision

Listing and Financial Details

  • Exclusions: Owner's And Tenant's Personal Property
  • Total Actual Rent $100,200
  • Tenant pays for cable TV, electricity, sewer, gas, trash collection, water
  • The owner pays for sewer, snow removal, insurance, grounds care

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,725

Year Built

Built in 1964 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Has Basement: None
  • Inclusions: All Appliances Presently In All Units.
  • Prop. Type: Residential Income
  • Property Sub Type: Multi Family
  • Lot Size Acres: 0.8
  • Subdivision Name: Kensington Park-Bon
  • Directions: Going west on Broadway, turn south (left) on Skyline Drive. Property is first building on the east (left) after passing vacant dirt lot. There is no address number on the property.
  • Above Grade Finished Sq Ft: 7765
  • Garage Yn: Yes
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling Fan(s), Newly Renovated, Other-See Remarks
  • Appliances: Separate Water Heaters, Dishwasher, Refrigerator, Oven, Stove
  • Owner Pays: Sewer, Snow Removal, Insurance, Grounds Care
  • Full Bathrooms: 12
  • Total Bedrooms: 21
  • Fireplace: Yes
  • Flooring: Carpet, Wall to Wall Carpet
  • Living Area: 7765

Exterior Features

  • Exclusions: Owner's And Tenant's Personal Property
  • Roof: 3 Tab
  • View: None
  • Lot Features: None, Established Lawn, Many Trees, Gentle Sloping
  • View: No
  • Construction Type: Brick, Precast Concrete
  • Foundation Details: Concrete Perimeter, Slab
  • Patio And Porch Features: Deck

Garage/Parking

  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 19

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Laundry Hookups
  • Security: Security System
  • Cooling: None
  • Cooling Y N: No
  • Heating: Natural Gas, Forced Air, Separate Heat, Fireplace(s), Central H/A
  • Electric: Separate Power Meters, Idaho Falls Power
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • Middle Or Junior School: Eagle Rock 91JH

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 34848
  • Zoning Description: General Zoning: Commercial,Specific Zoning: Not Verified
  • ResoLotSizeUnits: SquareFeet

Rental Info

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

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 3725

Multi Family

  • Number Of Units Total: 11
  • Total Actual Rent: 100200
  • Above Grade Finished Area Units: Square Feet

MLS Schools

  • Elementary School: Fox Hollow 91EL
  • HighSchool: Skyline 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
08/20/2021 08/20/21 Sold -- -- --
06/23/2021 06/23/21 Pending -- -- --
06/22/2021 06/22/21 For Sale $1,195,000 -- $154 / 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 2021

    Doug Powell

    SVN High Desert Commercial

    (208) 535-8520

    7 Total Sales

    Doug Powell
    Section Image

  • T

    Buyer's Agent in 2021

    Tanner Kuhn

    Evolv Brokerage

    Section Image
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Map

Source: Snake River Regional MLS

MLS Number: 2137489

Snake River Regional MLS
Idaho Bonneville County Idaho Falls 83402

265 S Skyline Dr, Idaho Falls, ID

This home is located at 265 S Skyline Dr, Idaho Falls, ID 83402 since 22 June 2021. This property was built in 1964. 265 S Skyline Dr is a home located in Bonneville County with nearby schools including Foxhollow 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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