The Taylor Arms Apartments. A rare and hard to find five plex in the heart of Jerome. Just steps away from restaurants, bars, and shopping. Zero % vacancy rate. Jerome has long been a town with a high demand for rentals. Great cap rate...8.0%. Built in 1920. Included in the sale is lot 21 which can be split off. Keep it as the lovely garden getaway it is or sell it, build upon it or perhaps you may want to; with some creativity; use it for parking. Each apartment is one bedroom however 3 of the apartments can be used as a two bedroom unit. Each apartment boasts two decks. Apmt #1 is a rustic attic studio with a 3/4 bath. The views from the eastern facing deck are stunning. Apmt #2 features walk in closet, a full bath, and period built in cabinets in kitchen and bedroom.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
