Look at this little "KEEPER" Absolutely dialed in. This property is well loved and it shows. This Investment Opportunity has arrived just in time for the end of the year needed acquisition for that investment portfolio. Established and fully furnished tri-plex, used for short and long term rentals. There is some Air BnB history. Live in one unit and rent the other two, go full time Air BnB, or mix it up with long term options, traveling occupational tenants, multi-generational living, the choices are yours to make. Units 1&2 are Tastefully Updated and loaded w/Style & Fun Character. Complete with many upgrades including Beautifully restored hardwood floors, lighting, new LVP, pro-marble bathrooms, tiled floors and backsplash, vinyl windows, and so much more.Unit 3 is has spacious rooms and additional storage, Appliances included. Conveniently located near the heart of the down town Burley community where you enjoy the shopping, restaurants, parks, close to the hospital, and schools, etc... Plenty of parking,
14 Apartments. Good mix of sizes ranging from 627 SF to 1309 SF, 1-1bed with bonus, 3-2bed with bonus, 4-2bed, 6-3bed. All 1 bath. Gutted to the brick and foundation and rebuilt in 2021. New plumbing, electrical, HVAC, framing, roof, kitchens, bathrooms, flooring, and finishes. All electric. Each apartment has a ductless with AC in main area and wall heaters in bed/bath. Convenient location next to Family Dollar, banks, and other businesses on Overland and Main St. Tenants pay water, sewer, trash and electric to the city of Burley. The landscaping is all rock so no mowing expense. There are 3 coin operated washers and dryers in the basement for laundry, no laundry in the individual apartments, this makes another revenue center and less appliances to take care of.
Burley is located in Idaho. Burley, Idaho has a population of 11,274. Burley is less family-centric than the surrounding county with 33.13% of the households containing married families with children. The county average for households married with children is 39%.
The median household income in Burley, Idaho is $52,086. The median household income for the surrounding county is $57,547 compared to the national median of $69,021. The median age of people living in Burley is 30.4 years.
The average high temperature in July is 86.2 degrees, with an average low temperature in January of 18.1 degrees. The average rainfall is approximately 10.1 inches per year, with 19.5 inches of snow per year.
