Lots of options with this property! Great property for an investor with shop and house rented separately, fantastic existing tenants and great CAP rate.
$42000 in gross rental revenue per year.
Property would also be an ideal situation for someone looking to house hack living in the house and renting out the shop or vise versa.
Great location about 1 mile from Madison High School and Burton Elementary School.
This is located between the south Rexburg exit and Thornton exit with great access to Highway 20 and growing area with Rexburg Motorsports, Applebees and the newly being built Starbucks nearby.
3 bed, 2 bath house plus a 2400 sq ft shop on 1 acre for sale in Rexburg.
This property has a beautiful yard with a huge willow tree, covered porch, and privacy afforded by lilacs.
The yard is well maintained, has beautiful grass and landscaping with an automatic sprinkler system.
The house has a very spacious layout with a large mud/laundry room, good sized kitchen, and an open great room.
A unique characteristic are the 2 fireplaces, one in the great room and one in the main bedroom, that give the home a nice cozy feel.
House also has new flooring and paint.
The shop is 2400 sq ft with concrete floor, electricity, led lighting, and large doors in the front and back of shop.
House and shop are each rented currently by separate tenants.
Listed by owner-agent.
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