NOT LISTED FOR SALE

400 N Eastern Ave Idaho Falls, ID 83402

7 Beds
4 Baths
3,132 Sq Ft
3,920 Sq Ft Lot

Last Sold February 18, 2020

30 Days on Market

Highlights

  • River Nearby
  • Adjacent to Greenbelt
  • No HOA
  • Property is near public transit
  • Corner Lot
  • 5-minute walk to Alive After Five

About This Home

As of February 2020

1900's historical cement block Queen Anne home with classical detailing located downtown - Making this commercial property ideal for as a bed & breakfast, restaurant, business office and/or a storefront. Currently this investment property has 6 residential rental units and has a low vacancy rate - Several of the tenants have rented for years. Located in the Ridge Avenue Historic District (see attachments) downtown Idaho Falls making this property full of business opportunities. The house features a metal roof, low ground maintenance, hardwood floors, beautiful woodwork, transom door windows, common meter, and common boiler heating system. Great investment property!

Last Agent to Sell the Property

Cottey Greene

Century 21 High Desert Listed on: 11/23/2019

Last Buyer's Agent

Cottey Greene

Century 21 High Desert Listed on: 11/23/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,040

Year Built

  • Built in 1900

Lot Details

  • 3,920 Sq Ft Lot
  • Adjacent to Greenbelt
  • Corner Lot
  • Level Lot
  • Many Trees
  • Garden

Parking

  • Off-Street Parking

Home Design

  • Frame Construction
  • Metal Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Basement Window Egress

Schools

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

Utilities

  • Shared Heating and Cooling
  • Heat Pump System
  • Water Heater

Additional Features

  • River Nearby
  • Property is near public transit

Community Details

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

Listing and Financial Details

  • Exclusions: Seller's And Tenant's Personal Property.
  • Total Actual Rent $30,000
  • Tenant pays for cable TV
  • The owner pays for grounds care, trash collection, common area maintenance, electricity, water, sewer, insurance, snow removal

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,040

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Has Basement: Full, Egress Windows, Partially Finished
  • Inclusions: All Non-Tenant Owned Appliances. Exterior Storage Sheds.
  • Prop. Type: Residential Income
  • Property Sub Type: Multi Family
  • Lot Size Acres: 0.09
  • Subdivision Name: Original Townsite
  • Directions: Starting from the corner of Elm and Eastern Avenue. Head north on Eastern. The units are located on the corner of N Eastern and Cedar on the right-hand side of the road.
  • Above Grade Finished Sq Ft: 2088
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Appliances: Common Water Heaters
  • Owner Pays: Grounds Care, Trash Collection, Common Area Maintenance, Electricity, Water, Sewer, Insurance, Snow Removal
  • Full Bathrooms: 4
  • Total Bedrooms: 7
  • Below Grade Sq Ft: 1044
  • Living Area: 3132

Exterior Features

  • Exclusions: Seller's And Tenant's Personal Property.
  • Roof: Metal
  • View: None
  • Lot Features: Low Traffic, Near Mall/Shop, Near Site Bus Stop, Near Stream/River, Near Green Belt, Near Public Transit, Established Lawn, Garden, Many Trees, Flower Beds, Corner Lot, Level
  • View: No
  • Construction Type: Block, Frame
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Parking Features: Off Street

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Heat Pump, Common Heat
  • Electric: Common 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: 3920.4
  • Zoning Description: General Zoning: Res-Multi-Family,Specific Zoning: Idaho Falls-Cc-Central Commer
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Cable TV

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 3040

Multi Family

  • Number Of Units Total: 7
  • Total Actual Rent: 30000
  • 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
02/18/2020 02/18/20 Sold -- -- --
12/27/2019 12/27/19 Pending -- -- --
11/26/2019 11/26/19 For Sale $319,000 -- $102 / Sq Ft
Source: Snake River Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Snake River Regional MLS

MLS Number: 2126314

Snake River Regional MLS

APN: RPA1740025006AA