732 W Walnut St Active Save Request In-Person Tour Request Virtual Tour
Genesee,ID 83832
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 15,726 sqft
Price per Sqft $54
Subdivision 0 Not Applic.
MLS Listing ID 98941039
Bedrooms 7
Year Built 1960
Annual Tax Amount $8,235
Tax Year 2024
Lot Size 0.650 Acres
Property Sub-Type Triplex
Property Description
This 15,000+SF repurposed and updated building with a new roof, super solid foundation and bones with three ready to-to-go rental or living units has a TON of upside potential. Right out of the gate, you would see $4,250/mo in cashflow (estimated) from the rental units which are turn-key. There's a 3/2, 3/1, and 1/1 bed/bath unit all on the main floor, all of which are attractively spacious. All have updated interiors including new HVAC, flooring/counters/paint and more. That doesn't occupy all of the main floor space either, there's still a kitchen and cafeteria that are untouched. The basement is built like a bomb shelter (perhaps literally) starting with a gym. Yes a 56' X 39' gym which you could keep or convert to a shop with 20' + ceilings would make an amazing work, play, or storage space. The daylight basement has several other spaces which lend themselves to climate controlled storage, offices, or many other uses. Take a look at the floorplans in pictures and let your imagination run wild!
Location
State ID
County Latah
Area Latah County - 2075
Interior
Heating Electric,Forced Air,Natural Gas,Wall Furnace,Ductless/Mini Split
Cooling Central Air,Ductless/Mini Split
Flooring Engineered Vinyl Plank,Vinyl
Laundry Washer/Dryer Hookups (Some Units)
Exterior
Fence Partial,Wire
Community Features 5+ Units
Roof Type Composition
Building
Lot Description 1/2 - .99 Acre
Water City Service
Structure Type Masonry
New Construction No
Schools
Elementary Schools Genesee
High Schools Genesee
School District Genesee School District #282
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional