1220 Boulevard IDAHO FALLS ID 83402 MLS #2178698

5-Unit Investment Property, Long-Term Tenants, Ground-Level Units, 4.84% Cap Rate. Steady income and solid fundamentals in this classic 5-unit apartment building, built in 1920. All units are ground-level, with simple, functional layouts that have kept long-term tenants in place. The property includes four garage spaces and additional off-street parking. It’s been well-maintained and delivers consistent returns. Currently operating at a 4.84% cap rate, this is a straightforward opportunity for investors seeking stable cash flow with room for future value-add improvements. Driveway, curb and gutter have been recently replaced. Lots of extras doors & supplies