125 Shoup Ave W, Twin Falls, ID 83301
Courtesy of Keller Williams Sun Valley Southern Idaho. Main: 208-734-1991
- $500,000
- 7
- BD
- 5
- BA
- 2,970
- SqFt
- List Price
- $500,000
- Days on Market
- 3
- Status
- ACTIVE
- MLS#
- 98992940
- Bedrooms
- 7
- Subdivision
- 0 Not Applic.
- Bathrooms
- 5
- County
- Twin Falls
- Sq. Ft
- 2970
- Year Built
- 1940
- Acres
- 0.23
- Age
- 1940
Property Description
8% CAP Rate, FLEXIBLE Zoning, and TRIPLEX Income!! Located in Central Twin Falls, just 4 minutes from the College of Southern Idaho, this income-producing property features three separate dwellings on one large lot with COMMERCIAL ZONING and grandfathered RESIDENTIAL use. Recent improvements include a NEWER ROOF, NEW Furnace, NEW A/C, FULL Bathroom Remodels in the main home, plus a recent REMODEL of the middle unit. The spacious main residence offers flexibility for owner occupancy, student housing, or increased rental income, while two detached homes provide additional income streams. Flexible zoning and the generous lot create opportunities for future improvements or increased density. A rare combination of CASH FLOW, major capital improvements, and long-term upside.
Additional Information
- Land Use
- 2-4 Units
- Sq. Ft
- 2970
- Garagetype
- RV Access/Parking, Finished Driveway
- Roof
- Composition
- Construction
- Frame, Vinyl Siding
- Fenced
- Partial, Wire, Wood
- Lot Features
- 10000SF - .49, Dog Run, Garden, R.V. Parking, Sidewalks
- Air Conditioning
- Central Air, Wall/Window Unit(s)
- Heating
- Baseboard, Electric, Forced Air, Natural Gas, Fireplace(s)
- Water
- City Service
- Gas
- Unit 1 Separate Meter, Unit 2 Separate Meter, Unit 3 Separate Meter
- School District
- Twin Falls School District #411
- Elementary School
- Perrine
- Middle School
- Robert Stuart
- High School
- Canyon Ridge
- Taxes
- $2,836
- Tax Year
- 2024
- Parcel Number
- RPT5381000004B
- Gross Operating Income
- 49200
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