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Don’t let your Veteran and military friends miss out on the opportunity to discover this home!
3 bed, 2 bath house plus a 2400 sq ft shop for sale in Rexburg. Great property for someone looking to house hack by living in the house and renting out the shop or vise versa. Also would work for a good investment with good cashflow and great tenants in place. Net income in 2023 was $32,812 making a 6.5% CAP rate. Convenient location about 1 mile from Madison High School and Burton Elementary School. This property has a beautiful yard with a beautiful established trees, 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 includes 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. There are 2 grain bins that would be great for storage or awesome man cave/she shed!This is located between the south Rexburg exit and Thornton exit with great access to Highway 20 yet is far enough out that its quiet and low traffic on the nearby roads.
This listing courtesy of:
Real Estate Two70
Your BAH amount is for the military housing area.
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$--- Est. Payment - $--- BAH = $--- Remaining
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58.47% of housing units are renter occupied.
10.43% are vacant.
The median travel time to work is 13 minutes.
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.