416 E Dillon Street Pocatello, ID 83201


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0.3 miles from Idaho State University

0.6 miles from Albertsons

0.6 miles from Starbucks

2.1 miles from Portneuf Medical Center (Hospital)

Seller Financing - No Banks - No Credit

Are you on the lookout for an incredible real estate investment opportunity in the charming city of Pocatello, Idaho? Look no further! We are thrilled to present a unique chance to own a versatile duplex property at 416 E Dillon Street, with the added advantage of seller financing. This property offers the perfect blend of potential rental income and comfortable living space for an owner-occupant.

We schedule showings after you send proof of funds


Revenue

+$2700/m Total Estimate Revenue

$1400/m Top unit 3 bed 1 bath (currently rented)

Utilities included
Internet Included
Expires on 10/2024

$1300/m Bottom unit 2 bed 1 bath (currently rented)

Utilities included
Internet Included
Expires on 06/2024

Costs

-$723.06/m (not including mortgage)

~$165/m PM

~$111.77/m Power

~$54/m Gas

~$80.51/m Water

$50/m Internet

$100/m Maintenance

$261.78/m Escrow (taxes and insurance)


Seller Purposed Options

Option 1:

$40k Down

Monthly P&I:$1,478 (5.51%)

Purchase $300,000

30 year fix

no balloon

Option 2:

$50k Down

Monthly P&I:$1,378 (5.24%)

Purchase $300,000

30 year fix

no balloon

Option 3:

$60k Down

Monthly P&I: $1,278 (4.93%)

Purchase $300,000

30 year fix

no balloon

424-345-7006 nomyep@gmail.com


Current/Past Offers:

10/19/2024 - Down $40k - Purchase $316k - 3.75% - P&I $1279.13/m - IN ESCROW - CLOSING 11/02/2023

Down $45k - Purchase $320k - 3.75% - P&I $1317/m

Down $40k - Purchase $300k - 4.5% - P&I $1317/m

Down $35k - Purchase $300k - 4.5% - P&I $1342/m - Countered

10/12/2024 - Down $20k - Purchase $340k - 3.75% - P&I $1481/m - Rejected

10/06/2023 - $30k down +$30k in $10k payments each year for three years - 5% P&I $1,207.85/m - Purchase $285k - Pre-payment penalty $20k - Countered

10/04/2023 - $25k down - 5% - Purchase $290k - Funds not verified

10/04/2023 - Expired

09/30/2023 - $45k down 4.8% Purchase: $285k - 5k prepayment penalty for 5 years

09/25/2023 - Soft offer - $50k Down - 5.5% - Purchase Price $295k - Funds Verified

09/27/2023 - Low Ball - $25k down - 5% - Purchase Price $250k - Funds not verified

09/20/2023 - $35k down - 6% - Funds verified


Security Cameras

Keep an eye on your investment with already installed security cameras


Property Highlights: 🔹 Duplex Charm: This property is a classic duplex with a two-story layout. Currently rented, providing an immediate stream of rental income, while the upstairs unit is vacant and ready for your personal touch.

🔹 Income Potential: Investors will appreciate the steady cash flow from the existing downstairs tenant, ensuring a positive return on investment from day one.

🔹 Owner-Occupant Friendly: For those looking for a place to call home while enjoying the benefits of rental income, this property is a fantastic fit. You can live comfortably in the spacious three-bedroom, one-bath upstairs unit while renting out the two-bedroom, one-bath downstairs unit to offset your mortgage.

Property Details:

  • Upstairs Unit: 3 bedrooms, 1 bathroom

  • Downstairs Unit: 2 bedrooms, 1 bathroom

  • Convenient location in Pocatello, providing easy access to amenities, schools, and more.

This property at 416 E Dillon Street presents an exceptional opportunity for investors and homebuyers alike. With its flexible seller financing options and versatile rental potential, it's a rare find in today's real estate market.

Don't miss out on this chance to invest in your future or create a comfortable living situation with rental income. Contact us today to schedule a viewing and explore the financing options that best suit your needs. Act fast, as properties like this one tend to sell quickly in the dynamic Pocatello real estate market.