203 S 150 E Active Save Request In-Person Tour Request Virtual Tour
Franklin,ID 83237
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 5,672 sqft
Price per Sqft $220
Subdivision Country Meadows
MLS Listing ID 2026404
Style Stories: 2
Bedrooms 12
Construction Status Blt./Standing
HOA Fees $60/mo
HOA Y/N Yes
Year Built 2023
Annual Tax Amount $4,800
Lot Size 3,484 Sqft
Acres 0.08
Lot Dimensions 0.0x0.0x0.0
Property 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.
Location
State ID
County Franklin
Area Franklin
Zoning Single-Family, Multi-Family
Interior
Interior Features Closet: Walk-In,Great Room,Dishwasher: Built-In
Heating Forced Air,Gas: Central
Flooring Carpet
Inclusions Microwave, Range
Fireplace No
Laundry Electric Dryer Hookup
Exterior
Garage Spaces 8.0
Utilities Available Natural Gas Connected,Electricity Connected,Sewer Connected,Sewer: Public,Water Connected
Amenities Available Playground
Waterfront No
View Y/N No
Roof Type Asphalt
Present Use Residential
Topography Sidewalks, Sprinkler: Auto-Full
Total Parking Spaces 8
Private Pool false
Building
Lot Description Sidewalks,Sprinkler: Auto-Full
Sewer Sewer: Connected,Sewer: Public
Water Culinary
Structure Type Stone,Stucco
New Construction No
Construction Status Blt./Standing
Schools
Elementary Schools Oakwood
Middle Schools Preston
High Schools Preston
School District Preston Joint
Others
Senior Community No
Tax ID RP03684.27
Monthly Total Fees $60
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional