203 S 150 E, Franklin, ID 83237

  • $1,250,000
  • $1,250,000
203 S 150 E, Franklin, ID 83237
For Sale

203 S 150 E, Franklin, ID 83237

203 S 150 E, Franklin, ID 83237
  • $1,250,000
  • $1,250,000

Overview

Property ID: HZ10239503
  • Residential
  • Property Type
  • 12
  • Bedrooms
  • 8
  • Garages
  • 5672.0
  • Square Feet
  • 2023
  • Year Built

Description

Turnkey Investment with Great Returns! Own this 2023-built 4-plex, offering a solid 5.5% cap rate and gross annual rents of $76,800! Each townhome has its own tax ID and meters, allowing you to sell individual units when the market is right or keep them as a cohesive income-generating property. Featuring quartz countertops and low-maintenance design, this is a hands-off investment with a low HOA of $60 per unit. Located just 25 minutes from Logan, Utah, this property provides strong rental demand and long-term growth potential, perfect for any investor looking to build wealth.

  • Address 203 S 150 E
  • City Franklin
  • State/county ID
  • Zip/Postal Code 83237
  • Area COUNTRY MEADOWS
  • Country United States

Details

Updated on September 30, 2024 at 4:39 pm
  • Property ID: HZ10239503
  • Price: $1,250,000
  • Property Size: 5672.0 Square Feet
  • Land Area: 0.08 Acres
  • Bedrooms: 12
  • Garages: 8
  • Year Built: 2023
  • Property Type: Residential
  • Property Status: For Sale
  • Living Area: 5672.0
  • MLS#: 2026404
  • Office Name: PLATINUM REAL ESTATE GROUP, PLLC
  • Agent Name: Colton Clark
  • MLS Status: Active
  • Living Area Prefix: Square Feet

Additional details

  • Roof: Asphalt
  • Sewer: Sewer: Connected,Sewer: Public
  • Heating: Forced Air,Gas: Central
  • Tax Annual: 4800
  • Flooring: Carpet
  • County: Franklin
  • Property SubType: Quadruplex
  • Elementary School: Oakwood
  • Middle/Junior School: Preston
  • High School: Preston
  • Water Source: Culinary
  • Lot Features: Sidewalks,Sprinkler: Auto-Full
  • Laundry Features: Electric Dryer Hookup

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