Description
This 15,000+SF repurposed and updated building with a new roof, super solid foundation and bones with three ready to-to-go rental or living units has a TON of upside potential. Right out of the gate, you would see $4,250/mo in cashflow (estimated) from the rental units which are turn-key. There's a 3/2, 3/1, and 1/1 bed/bath unit all on the main floor, all of which are attractively spacious. All have updated interiors including new HVAC, flooring/counters/paint and more. That doesn't occupy all of the main floor space either, there's still a kitchen and cafeteria that are untouched. The basement is built like a bomb shelter (perhaps literally) starting with a gym. Yes a 56' X 39' gym which you could keep or convert to a shop with 20' + ceilings would make an amazing work, play, or storage space. The daylight basement has several other spaces which lend themselves to climate controlled storage, offices, or many other uses. Take a look at the floorplans in pictures and let your imagination run wild!
Directions: Walnut Street between Garfield and Jackson Streets
-
7BEDS
-
0.65ACRES
-
4BATHS
-
01/2 BATHS
-
15,726SQFT
-
$55$/SQFT
School Information
Courtesy of Latah Realty, LLC.Description
This 15,000+SF repurposed and updated building with a new roof, super solid foundation and bones with three ready to-to-go rental or living units has a TON of upside potential. Right out of the gate, you would see $4,250/mo in cashflow (estimated) from the rental units which are turn-key. There's a 3/2, 3/1, and 1/1 bed/bath unit all on the main floor, all of which are attractively spacious. All have updated interiors including new HVAC, flooring/counters/paint and more. That doesn't occupy all of the main floor space either, there's still a kitchen and cafeteria that are untouched. The basement is built like a bomb shelter (perhaps literally) starting with a gym. Yes a 56' X 39' gym which you could keep or convert to a shop with 20' + ceilings would make an amazing work, play, or storage space. The daylight basement has several other spaces which lend themselves to climate controlled storage, offices, or many other uses. Take a look at the floorplans in pictures and let your imagination run wild!
Directions: Walnut Street between Garfield and Jackson Streets
© 2025 Intermountain Multiple Listing Service, Inc. (IMLS). Real estate listings held by brokerage firms other than Jeremy Orton Real Estate Group | Keller Williams are marked with the IMLS IDX logo and information about them includes the name of the listing brokerage. Information provided by IMLS is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Data last updated 2025-04-17T10:10:38.97.