$1,250,000
Beds:
12
Sqft:
5,672
Sqft lot:
3,484
Acre lot:
0.08
56 Days On Market -
Courtesy of Colton Clark, Platinum Real Estate Group, PLLC 435-213-9179
Status:
Active
Property Type:
Quadruplex
Year Built:
2023
Neighborhood:
Country Meadows
Days On Website:
56
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.
Features
Building
- Living Area: 5672
- Architectural Style: Stories: 2
- Building Area Total: 5672
- Construction Materials: Stone,Stucco
- Living Area Units: Square Feet
- Year Built: 2023
Home Owner's Association
- Association Amenities: Playground
- Association Fee: 60
- Association Fee Frequency: Monthly
- Association YN: t
Garage
- Attached Garage YN: t
- Covered Spaces: 8
- Garage Spaces: 8
- Garage YN: t
Bathrooms
- Bathrooms Total Integer: 12
Bedrooms
- Bedrooms Total: 12
Location
- City: Franklin
- Country: US
- County Or Parish: Franklin
- MLS Area Major: FRANKLIN
- Postal City: Franklin
- Postal Code: 83237
- State Or Province: ID
- Street Dir Prefix: S
- Street Dir Suffix: E
- Street Name: 150
- Street Number: 203
- Street Number Numeric: 203
- Subdivision Name: COUNTRY MEADOWS
- Unparsed Address: 203 S 150 E
Property
- Current Use: Residential
- Parcel Number: RP03684.27
- Property Condition: Blt./Standing
- Property Sub Type: Quadruplex
- Property Type: Residential
- Vegetation: Landscaping: Full
Schools
- Elementary School: Oakwood
- Elementary School District: PRESTON JOINT
- High School: Preston
- High School District: PRESTON JOINT
- Middle Or Junior School: Preston
- Middle Or Junior School District: PRESTON JOINT
Floors
- Flooring: Carpet
Heating
- Heating: Forced Air,Gas: Central
- Heating YN: t
Interior Features
- Interior Features: Closet: Walk-In,Great Room,Dishwasher: Built-In
Laundry
- Laundry Features: Electric Dryer Hookup
Listing
- Listing Id: 2026404
- Listing Terms: Cash,Conventional
- List Price: 1250000
- Mls Status: Active
- Number Of Units Total: 4
- Standard Status: Active
Lot
- Lot Features: Sidewalks,Sprinkler: Auto-Full
- Lot Size Acres: 0.08
- Lot Size Area: 0.08
- Lot Size Dimensions: 0.0x0.0x0.0
- Lot Size Square Feet: 3484
- Lot Size Units: Acres
- Topography: Sidewalks, Sprinkler: Auto-Full
Parking
- Parking Total: 8
Taxes
- Tax Annual Amount: 4800
Utilities
- Utilities: Natural Gas Connected,Electricity Connected,Sewer Connected,Sewer: Public,Water Connected
Water Features
- Water Source: Culinary
Property Map
Map View
$1,250,000 - 203 S 150 E, Franklin, ID 83237
Street View
Directions
203 S 150 E
Franklin, ID 83237
City: Franklin
Nearby Schools
Local Sales
Danny Kettle
dannykettle@yahoo.com
