Price Reduction - Seller Financing
255 E Main Street # multi Rexburg, ID
$ 465,000
Property Attributes
  • MLS#2134981
  • TypeMulti-Family
  • CountyMADISON
  • CityRexburg
  • AreaMadison
  • NeighborhoodPark Place Condos-Mad
  • Zip83440
  • StyleTriplex
  • Year Built1977
  • Taxes$ 3795
  • Price$ 465,000
  • Bedrooms2
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage2139
  • Lot Size436 SqFt
Listing Provided Courtesy Of:
Keller Williams Realty East Idaho
Data Source:
Snake River MLS
Property Description

SEE THE VIDEO TOUR on YouTube by searching 255 E Main Rexburg, Idaho, no showings without a submitted offer. Opportunity to purchase your own short-term rental business with established history at the Gateway to Yellowstone National Park, Jackson Hole WY and Island Park Idaho in beautiful Rexburg Idaho. The local is prime for travelers to be close to so many world-class locations or visiting BYU-Idaho University. This business includes (3) furnished 2-bedroom 1-bath units on East Main Street just blocks from campus. These units are fully furnished with high quality furnishings that have been maintained at hotel level standards with new paint throughout including W&D. Units could also rent as married housing to BYU-I students or month to month tenants. Units have a solid rental history and rent for over $100 per night in the summer and $72 a night in the winter or $1200 p/mo. HOA covers all city services and insurance on building. This business has the potential for even more income for a tenacious marketer who expands the listings online. The current owner is willing to share his previous experience with new buyer to continue the business's success.

Elementary School Middle School High School
Adams 321El Elementary School Madison 321Jh Middle School Madison 321Hs High School
Price History
3/10/2021 Listed $450,000
6/9/2021 19% - $365,000

General Features

Amenities Laundry Included, Off Street Parking
Basement Daylight Windows
Construction/status Existing
Cooling None
Elementary School ADAMS 321EL
HOA 225.00
HOA Fee 225.00
HOA Fee Includes Maintenance Grounds, Common Area, Water, Maintenance Exterior, Insurance, Snow Removal
Heating Electric
High School MADISON 321HS
Ho Exempt Not Exempt
Hoa Paid Monthly
Legal Description Apt 10, 23, 24 Park Place Condominiums
Listing Area Madison
Listing Type Triplex
Location Near Park, Near University/College, Near Schools, Near Mall/Shop
Middle School MADISON 321JH
Roof Architectural
Sewer Public Sewer
Status Active
Status Active
Style/design All Units in One Building
Tax Year 2020
Taxes 3795.00
Tenant Pays None
Terms Cash, Owner May Carry, Conventional, 1031 Exchange
Total Sq Ft 2139
Unit Number multi
Utilities Separate Power Meters, Separate Heat, Separate Water Heaters
View None
Water Public
Year Built 1977

Interior Features

Total Full Baths 1
Total Number of Units 3

Exterior Features

Listing Office Name Keller Williams Realty East Idaho
Appx Acreage 0.01
Driveway Type Asphalt
Exterior-primary Brick, Vinyl
Flood Plan U
Foundation Concrete Perimeter
Inclusions Being sold fully furnished. Each unit: 2 queen mattresses and bed frames, W&D, all kitchen appliances, microwave, coffee maker, kitchen table and chairs, living room furniture, Samsung smart tv and mount
Number of Off Street Parking 3


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 83440

AVG $500K
AVG $3,298
AVG 15
Year Built
AVG 1985
AVG 71
Data Provided by Walkscore ® not using MLS data

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