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$470,000   Price Analysis
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3278 E 3700 N
Kimberly, ID 83341
7 bed 3 bath 3,048 SqFt ($154/SqFt)
1.24 acre lot. Built 1918
Listed 2023-09-11, Taxes $1,927
Ⓧ USDA Ineligible
due to location

near Kimberly

This unique investment property is a versatile piece of real estate

Combining both residential and industrial attributes. Located in a prime industrial area, this property basts a strategic location within Twin Falls (annexed into city of TF), making it highly attractive for businesses seeking a convenient industrial presence. The property is zoned M2 (Heavy Industrial). The property currently features two residential homes on 1.24 acres. Original house offers lots of character and could be leased out for approximately $1400/mont h or torn down to use this property as desired.

Second home on property is a trailer home that is rented for $850 with potential of being $1000-$1100 per month. Property is on well/septic but available to hook up to city services. This property offers a unique investment opportunity due to its dual-purpose nature. Investors can benefit from rental income while exploring options for industrial use/development in the future. The M2 zoning adds substantial long-term value.


Presented by Mandi Riddle at
BERKSHIRE HATHAWAY HOMESERVICES IDAHO HOMES & PROPERTIES.
Listing Agent Photo

Property MLS #98889503 from IntermountainMLS

Bedrooms: 7

Total Bathrooms: 3
Full Bathrooms: 3

Heating Features: Electric, Oil
Heating: Yes

Fencing: Partial

Lot Description: 1 - 4.99 Acres
Lot Size Acres: 1.24
Lot Size Dimensions: 354x118
Lot Size Square Feet: 54014

Parking Total: 8

Association: No
Calculated Total Monthly Association Fees: 0

Elementary School: Bickel
Elementary School District: Twin Falls School District #411
High School: Twin Falls
High School District: Twin Falls School District #411
Middle School: South Hills
Middle or Junior School District: Twin Falls School District #411

Bickel Elementary School is a public elementary school located approximately 3.2 miles away.
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South Hills Middle School is a public middle school located approximately 3.5 miles away.
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Twin Falls Senior High School is a public high school located approximately 3.5 miles away.
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Acorn Learning Center is a private elementary school located approximately 2.3 miles away.
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Number of Units: 2

Annual Tax Amount: 1927.32
Source Listing Status: Active
County: Twin Falls
Current Use: Industrial
Directions: Located on Orchard/3700 E. West of 3300 E. intersection
Tax Year: 2022
Ownership: Fee Simple
Source Property Type: Residential Income
Source Neighborhood: 0 Not Applic.
Parcel Number: RP10S17E249060
Subdivision: 0 Not Applic.
Property Subtype: Duplex
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$195,609 + $59,782
$255,391
$1,927
2021$119,137 + $41,281
$160,418
$1,597
2020$83,007 + $41,281
$124,288
$1,394
2019$81,522 + $25,789
$107,311
$1,295
2018$113,282 + $25,789
$139,071
$1,773
2017$98,369 + $25,789
$124,158
$1,579
2016$unknown + $unknown
$104,636
$1,416
2015$unknown + $unknown
$104,636
$1,404
2014$unknown + $unknown
$101,748
$1,372
2012$unknown + $unknown
$93,857
$1,167
2010$unknown + $unknown
$105,561
$1,049

Price Changed 2024-02-02
$470,000
IntermountainMLS
Listed 2023-09-11
$499,000
IntermountainMLS
Sold 2003-03-27
$0
Public Record

Total Square Feet Living: 3048
Year Built: 1918
Above Grade Finished Area Units: Square Feet
Below Grade Sqft Area Units: Square Feet
Building Area Total: 3048
Construction Materials: Frame
Living Area Units: Square Feet
Property Age: 106
Structure Type: Manufactured House

Electric: Unit 1 Separate Meter, Unit 2 Separate Meter
Gas: Unit 1 Separate Meter
Sewer: Septic Tank
Water Source: Well
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.