338 E State Avenue, Meridian Id 83642
- $585,900
- Residential Income
- 1927
- 2809 sqft
- 5
- 3
- 0.16 sqft
Description
Find this GEM in the HEART of “Old Town” Meridian!!! VERY unique property w/MANY options for future possibilities! Duplex w/additional open area being rented to a mobile mechanic for $600/mo. Zoned R-15 with “Opportunity zoning” (hold it for 7 years & no capital gains taxes if buy and hold investing occurs). Possible rezone to “Old Town” & get ZERO setbacks with commercial/residential mix + more lax vertical limits!!! Seller has a proforma that was put together by a real estate developer investment company that can be found in the doc. NO HOAs! Roof: BRAND NEW in 2022 Unit 1: New LVP flooring throughout! Each room has new mini-splits, A huge 24′ x 56′ COVERED concrete pad w/storage space (Could be a master bed and bath turning this 2/1 into a 3/2.) Unit 2: New kitchen-int paint, pergo/laminate/hardwd floors, 3 bed 2 bath. Carport, fenced man cave, mobile trailer for stg. Unit # 3 Carport enclosure w/new roof. Fully gated with room for 6-8 cars. On site Wtr/Swr cleanout/220 pwr & 110 outlets. FULLY RENTED
Address
Open on Google Maps-
Address: 338 E State Avenue
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City: Meridian
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State/county: ID
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Zip/Postal Code: 83642
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Country: US
Details
Updated on July 23, 2024 at 4:25 pm-
Property ID HZ98909117
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Price $585,900
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Property Size 2809 sqft
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Land Area 0.16 sqft
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Bedrooms 5
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Bathrooms 3
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Year Built 1927
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Property Type Residential Income
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Property Status Closed
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Office Name Cashflow Real Estate
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Agent Name Trina Neddo
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Office Phone 208-343-5626
Additional details
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Listing Terms Cash, Conventional
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Roof Composition
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Utilities Sewer Connected, Cable Connected
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Cooling Central Air, Ductless/Mini Split
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Heating Forced Air, Ductless/Mini Split
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County Ada
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Property Type Residential Income
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Parking Carport, RV Access/Parking
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Elementary School Meridian
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Middle School Meridian Middle
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High School Meridian
Mortgage Calculator
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Down Payment
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Contact Information
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