1225 Burley Ave , Buhl, ID 83316(Twin Falls County)

2.12 Acres in Buhl, ID - $724,000

Cap rate is 7.1%, parcel 1 has three separate houses with potential for fourth home all three have been updated. Unit 1 is the white house 4-bed 1 bath 2,435+- sf. Unit 2 is the green house 3-bedroom 1 bath 1,321 +/- sf. Unit 3 is a 1-bedroom/1 bath studio 720+- Sf, and each unit is on its own meter for gas and electric. Property is on one water meter averaging $200+- a month. Parcel 2 is 1.313 +- acres with a chain link fence, and a 50 ft . +/- cement pad for storage units half of lot is being rented for $600 a month and the other half is being advertised for lease for $600 a month and that is included in the operating gross income of $50,400. Parcel 1 can be sold separately.