125 Shoup Ave W,Twin Falls, ID 83301
Twin Falls, ID 83301
Description
8% CAP Rate, FLEXIBLE Zoning, and TRIPLEX Income!! Located in Central Twin Falls, just 4 minutes from the College of Southern Idaho, this income-producing property features three separate dwellings on one large lot with COMMERCIAL ZONING and grandfathered RESIDENTIAL use. Recent improvements include a NEWER ROOF, NEW Furnace, NEW A/C, FULL Bathroom Remodels in the main home, plus a recent REMODEL of the middle unit. The spacious main residence offers flexibility for owner occupancy, student housing, or increased rental income, while two detached homes provide additional income streams. Flexible zoning and the generous lot create opportunities for future improvements or increased density. A rare combination of CASH FLOW, major capital improvements, and long-term upside.
Details
| MLS # | 98992940 |
|---|---|
| Listing Type | For Sale |
| Style | Triplex |
| Sub-Type | Resale |
| Status | Active |
| Year | 1940 |
| Days On Site | 57 |
| Listing Provided By | Keller Williams Sun Valley Southern Idaho | Aaron Miskin |
Features
| Bed(s) | 7 |
|---|---|
| Bath(s) | 5 |
| SQ Feet | 2,970 |
| Units | 3 |
| Zoning | C-1 w/Residential Current |
| Acreage | 0.23 |
Interior
| Cooling | Central Air, Wall/Window Unit(s) |
|---|---|
| Cooling Yes / No | Yes |
| Heating | Baseboard, Electric, Forced Air, Natural Gas, Fireplace(s) |
| Heating Yes / No | Yes |
| Appliances | Disposal (No Units), Stove/Range (All Units), Refrigerator (All Units), Washer/Dryer (All Units) |
| Laundry Features | Washer/Dryer Hookups (Some Units) |
| Flooring | Laminate |
| Fireplace Yes / No | Yes |
Exterior
| Roof | Composition |
|---|---|
| Foundation Details | Slab |
| Lot Features | 10000SF - .49, Dog Run, Garden, R.V. Parking, Sidewalks |
| Construction Materials | Frame, Vinyl Siding |
| Fencing | Partial, Wire, Wood |
Parking
| Parking Features | RV Access/Parking, Finished Driveway |
|---|
Utilities
| Utilities | Sewer Connected, Cable Connected |
|---|---|
| Gas | Unit 1 Separate Meter, Unit 2 Separate Meter, Unit 3 Separate Meter |
Taxes
| Tax Year | 2024 |
|---|---|
| Tax Annual Amount | 2836.84 |
| Tax Legal Description | Twin Falls Traceys Subd Lot 4, Exc E Hwy & Exc N.021A (8-10-17 Se) |
Area Information
| State | ID |
|---|---|
| County | Twin Falls |
| City | Twin Falls |
| Zip Code | 83301 |
| Area | Twin Falls |
| School District | Twin Falls School District #411 |
| Elementary School | Perrine |
| High School | Canyon Ridge |
| Listing VS Median (in 83301) | |
Price: $500,000 low | high Med: $425,000 sqft: 2,970 low | high Med: 1,607 $ / sqft: $168 low | high Med: $264 On site: 57 low | high Med: 6 | |
Market Activity 83301
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Learn More About This Property
| State | ID |
|---|---|
| County | Twin Falls |
| City | Twin Falls |
| Zip Code | 83301 |
| Area | Twin Falls |
| School District | Twin Falls School District #411 |
| Elementary School | Perrine |
| High School | Canyon Ridge |
| Listing VS Median (in 83301) | |
Price: $500,000 low | high Med: $425,000 sqft: 2,970 low | high Med: 1,607 $ / sqft: $168 low | high Med: $264 On site: 57 low | high Med: 6 | |
