Multi Family — Remodeled
75 S 3 E
75 S 3rd E Rexburg Idaho 83440 · Rexburg, Madison County
$739,000
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About This Property
Huge Price Reduction! Neighbors say this home was once the finest in town. After a methodical remodel, it has reclaimed its rightful throne. Walking distance from campus and the hospital, this massive duplex is truly one-of-a-kind. Investors can enjoy a 7% CAP rate with virtually no maintenance. Families looking to offset their mortgage can own an $800,000 asset while paying less than they would in a rental. Every detail reflects elegant craftsmanship, paired with a plethora of brand new upgrades— tankless water heaters, high efficiency furnaces, wiring, windows, sewer lines, water lines, gas lines, ductwork, appliances, cabinets, flooring— just about everything. Set on nearly half an acre, this turn-key property is not another spec house—it’s a revived legacy coupled with an opportunity that simply cannot be matched.
Property Details
- Total # Units
- 2
- Bedrooms
- 7
- Bathrooms
- 4
- Total Half Baths
- 9
- Apx Year Built
- 1960
- Apx Total Sq Ft
- 4010
- Total # Garage Stalls
- 2
- City
- Rexburg
- County
- Madison
- Apx Acreage
- 0.4
- Number of Floors
- 2
- Scope of Work
- Electrical, Plumbing, Floors
- Estimated Rent Revenue
- $5,000/mo