143-149 Robbins St new Save Request In-Person Tour Request Virtual Tour
Twin Falls,ID 83301
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 12,336 sqft
Price per Sqft $225
Subdivision 0 Not Applic.
MLS Listing ID 98942414
Bedrooms 16
Year Built 1978
Annual Tax Amount $17,228
Tax Year 2024
Lot Size 0.390 Acres
Property Sub-Type Apartment
Property Description
Newly remodeled in 2024, featuring a new roof, gutters with gutter guards, brand-new flooring, updated tile bathrooms, modern light fixtures, new doors, and much more. With a projected 7.23% cap rate you'll want to seize this unique opportunity to acquire a 14-unit portfolio across four well-located multifamily properties! This is a rare chance to secure immediate cash flow, stable tenants, and long-term upside—all in one solid package. All units are just minutes from the college campus – strong demand from students and young professionals. Each property has a proven rental history, is well-maintained, and offers room for value-add improvements or rent increases in line with market trends. You'll get diversified income streams, low vacancy, and strong growth potential. Whether you're looking to expand your investment footprint or start strong with multiple income-generating assets, this rare opportunity is not to be missed. The owner also has 442 Locust St 8plex available in Twin Falls.
Location
State ID
County Twin Falls
Area Twin Falls - 2015
Interior
Heating Baseboard,Electric,Forced Air,Fireplace(s)
Cooling Central Air,Wall/Window Unit(s),Some Units
Flooring Vinyl Sheet
Laundry Washer/Dryer Hookups (Some Units)
Exterior
Community Features 5+ Units
Utilities Available Sewer Connected,Cable Connected
Roof Type Composition
Building
Lot Description 10000SF - .49
Foundation Crawl Space
Water City Service
Structure Type Frame,Stucco,Stone,HardiPlank Type,Vinyl Siding
New Construction No
Schools
Elementary Schools Perrine
High Schools Canyon Ridge
School District Twin Falls School District #411
Others
Acceptable Financing Cash,Conventional,1031 Exchange
Listing Terms Cash,Conventional,1031 Exchange