About This Home
This 12-bedroom, 4-bathroom residential multi family at 1070 MCKINLEY AVE in Pocatello, ID is listed for $2,400,000 ($750 per sqft). Built in 1955, the home offers 3,200 sqft of living space on a 1.42 acres lot.
Key Features
- Built in 1955
- 1.42 acre lot
Property Details
HERE IS A GREAT OPPORTUNITY TO PURCHASE A 20 UNIT APARTMENT COMPLEX. THERE ARE THREE BUILDINGS LOCATED ON 1.42 ACRES PROVIDING A LOT OF PARKING FOR THE TENANTS PLUS A GRASSY COMMONS AREA. MOST ALL UNITS ARE 3 BEDROOM 1 BATHROOM. RENTS VARY BETWEEN $1,000-$1,110 PER MONTH.
TOTAL RENTAL INCOME WHEN 100% OCCUPIED IS $21,690. TENANTS PAY GAS AND ELECTRIC BILLS. SHARED LAUNDRY AREA. BRICK EXTERIOR. MANY UNITS HAVE HAD SOME COSMETIC UPDATING. OTHER UNITS WITH LONG TERM TENANTS HAVE NOT BEEN UPDATED. THE ASKING PRICED HAS BEEN REDUCED. THIS IS A GREAT PRICE BASED ON THE MONTHLY INCOME.
Monthly Cost Estimate
$12,836/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1070 MCKINLEY AVE
Pocatello, ID 83201
Property Details
Heating
Questions & Answers
This 12-bedroom, 4-bathroom residential multi family at 1070 MCKINLEY AVE is listed at $2,400,000 ($750/sqft). The estimated monthly payment is $12,836 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1955, 1.42 acre lot.
This property is listed by Greg Johnston and can be reached at 2086804734.