Description
This unique investment property is a versatile piece of real estate, combining both residential and industrial attributes. Located in a prime industrial area, this property boasts a strategic location within Twin Falls (annexed into city of TF), making it highly attractive for businesses seeking a convenient industrial presence. The property is zoned M2 (Heavy Industrial). The property currently features two residential homes on 1.24 acres. Original house offers lots of character and could be leased out for approximately $1400/month or torn down to use this property as desired. Second home on property is a trailer home that is rented for $850 with potential of being $1000-$1100 per month. Property is on well/septic but available to hook up to city services. This property offers a unique investment opportunity due to its dual-purpose nature. Investors can benefit from rental income while exploring options for industrial use/development in the future. The M2 zoning adds substantial long-term value.
Details
| MLS # | 98926267 |
|---|---|
| Listing Type | For Sale |
| Style | Duplex |
| Sub-Type | Resale |
| Status | Active |
| Year | 1918 |
| Days On Site | 394 |
| Listing Provided By | Berkshire Hathaway HomeServices Idaho Homes & Properties | Mandi Riddle |
Features
| Bed(s) | 7 |
|---|---|
| Bath(s) | 3 |
| SQ Feet | 3,048 |
| Units | 2 |
| Acreage | 1.24 |
Interior
| Heating | Electric, Oil |
|---|---|
| Heating Yes / No | Yes |
Exterior
| Lot Features | 1 - 4.99 Acres |
|---|---|
| Construction Materials | Frame |
| Fencing | Partial |
Utilities
| Sewer | Septic Tank |
|---|---|
| Electric | Unit 1 Separate Meter, Unit 2 Separate Meter |
| Gas | Unit 1 Separate Meter |
Taxes
| Tax Year | 2023 |
|---|---|
| Tax Annual Amount | 1742.78 |
| Tax Legal Description | SEC 24 T 10 R 17 W 1.24A OF SE 955.16' SE SE |
Area Information
| State | ID |
|---|---|
| County | Twin Falls |
| City | Kimberly |
| Zip Code | 83341 |
| Area | Kimberly Hansen Murtaugh |
| School District | Twin Falls School District #411 |
| Elementary School | Bickel |
| High School | Twin Falls |
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Learn More About This Property
| State | ID |
|---|---|
| County | Twin Falls |
| City | Kimberly |
| Zip Code | 83341 |
| Area | Kimberly Hansen Murtaugh |
| School District | Twin Falls School District #411 |
| Elementary School | Bickel |
| High School | Twin Falls |
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