Franklin, ID 83237,203 S 150 E
Franklin, ID 83237,203 S 150 E
Franklin, ID 83237,203 S 150 E
Franklin, ID 83237,203 S 150 E
Franklin, ID 83237,203 S 150 E
Franklin, ID 83237,203 S 150 E
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$ 1,250,000
Est. payment | /mo

12 Beds

12 Baths

5,672 SqFt


$ 1,250,000
Est. payment | /mo

12 Beds

12 Baths

5,672 SqFt

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

View Y/N No

Roof Type Asphalt

Present Use Residential

Topography Sidewalks, Sprinkler: Auto-Full

Total Parking Spaces 8

Private Pool No

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

Listed by Platinum Real Estate Group, PLLC
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203 S 150 E