321,323,325,327 W 4th And 416 Cedar St N, Jerome, ID 83338

$650,000
16
BD
10
BA
5,831
SqFt

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Courtesy of Silvercreek Realty Group. Cell: 208-404-6322

List Price
$650,000
Days on Market
1
Status
NEW
MLS#
99006110
Bedrooms
16
Subdivision
0 Not Applic.
Bathrooms
10
County
Jerome
Sq. Ft
5831
Year Built
1920
Acres
0.71
Age
1920

Property Description

Incredible investment opportunity to own 5 single family homes on 5 lots in Jerome Idaho. These homes are each situated on their own lot in an R3 multi-family zoning that allows up to 4 units on each 6,250 ft lot. There are 4 well kept 3 bed 2 bath mobile homes and a very nice 4 bedroom 2 bath stick built home with a basement included on the property. These homes are incredibly easy to manage as they are all situated together and have had long term tenants with virtually no vacancy rate. This property is low maintenance, has an excellent cap rate for today's investor and considering an individual sales price approach the value is incredible having an excellent return on investment.

Additional Information

Land Use
Single Family, 2-4 Units
Sq. Ft
5831
Roof
Metal
Construction
Brick, Concrete, Metal Siding, Wood Siding
Fenced
Partial, Metal
Structure
Mobile Home
Lot Features
1/2 - .99 Acre, Garden, Irrigation
Air Conditioning
None
Heating
Electric, Forced Air
Water
City Service
Electric
Unit 1 Separate Meter, Unit 2 Separate Meter, Unit 3 Separate Meter, Unit 4 Separate Meter, Unit 5 Separate Meter
Gas
Unit 1 Separate Meter, Unit 2 Separate Meter, Unit 3 Separate Meter, Unit 4 Separate Meter, Unit 5 Separate Meter
School District
Jerome School District #261
Elementary School
Horizon Jerome
Middle School
Jerome
High School
Jerome
Taxes
$4,140
Tax Year
2025
Parcel Number
RPJ1370047004
Gross Operating Income
55200


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