3278 E 3700 N

Kimberly, ID 83341

About this property

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.

About this property

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.

Features and Additional Information

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$475,000 Active
7 Bed(s)
3
Baths
3,048 sqft

Presented By Coldwell Banker Distinctive Properties Vail

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Get in touch today! Phone: 1-970-476-2113
Brokerage
Berkshire Hathaway HomeServices Idaho Homes & Properties
1-208-733-5336
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Area Information

Kimberly Hansen Murtaugh | Twin Falls County |

$ 475,000
This listing is play_arrow 6.8% lower than the average in the area
$ 509,638 in the area
3,048 SqFt
This listing is play_arrow 27.5% larger than the average in the area
2,391 SqFt in the area
$ 156 $/SqFt
This listing is play_arrow 31.3% less than the average in the area
$ 227 $/SqFt in the area
394 days on site
This listing is play_arrow 501.5% above the average in the area
66 days on site in the area

Schools in the Area

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    Elementary School
    Bickel
  • turned_in
    Middle School
    South Hills
  • turned_in
    High School
    Twin Falls
Listed By Mandi Riddle
Brokerage: Berkshire Hathaway HomeServices Idaho Homes & Properties

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