1334 Elmwood Circle, Twin Falls, ID 83301
Fantastic investment opportunity in the heart of Twin Falls! Tucked away in a quiet cul-de-sac, this well-maintained 4-plex offers a strong rental history and is currently fully occupied. Each single-level unit features 2 bedrooms, 1 bathroom and approximately 740 sq. ft., along with a covered front patio and private back patio and yard area. Mature landscaping adds to the property's appeal, while a full basement provides convenient access to each unit's individual furnace and water heater. Owner currently pays city water, sewer, trash and yard maintenance. Current rents produce an approximate 6.7% cap rate, with projected market rents bringing the potential cap rate to over 7.2%. A solid, income-producing property with room for future upside.
Interior features
- Utilities Sewer Connected, Unit 1 Separate Meter, Unit 2 Separate Meter, Unit 3 Separate Meter, Unit 4 Separate Meter
- Air conditioning None
- Fence Partial
- Lot description 10000SF - .49
Exterior features
- Fence Partial
- Lot description 10000SF - .49
- Roofing materials Composition
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