2420 E Terry Pocatello, ID 83201

Fourplex Residence

8 Beds

8 Baths

Sq. Ft.

0.8 Acre Lot

Property Activity

Time on Site

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Last updated on 1/10/2025 1:26 AM

Listing Details

**Turn-Key Four-Plex Investment Opportunity in Pocatello!** Nestled in a highly desirable mountain location near the hospital, this well-maintained four-plex, built in 1998, offers an excellent investment opportunity. Each unit features 2 bedrooms and 1.5 bathrooms, with modern amenities includin...g gas heating and air conditioning for year-round comfort. The property generates strong cash flow, with current rents at $975 per unit. Tenants pay for their own power and gas utilities, while the owner covers water, sewer, and garbage expenses. The property delivers a 5% cap rate based on actual expenses, rents, and professional management. Managed by Rooftop Real Estate Management, this four-plex benefits from streamlined operations alongside two neighboring buildings, sharing parking lot and snow removal expenses. An offer that continues with Rooftop Management is preferred for seamless integration and continued tenant satisfaction. Located in a sought-after area that attracts high-quality tenants, this turn-key investment is ready to perform for the next owner. Donâ??t miss this opportunity to own a stable, income-generating property in Pocatello! Continue reading

MLS#

578128

Property Type

Fourplex

Bedrooms

Bathrooms

4 Full/4 Half

Year Built

1998

Price per Sq. Ft.

$115.34

Lot Size