$585,900
Pending
15 Days Online
5 Beds3 Baths2,809 SQFT
Pending

338 E State Avenue Meridian, ID 83642

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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

  • Property TypeMulti-Family
  • NeighborhoodCottage Home Ad
  • CountyAda
  • Taxes$2,495
  • HOA/Condo/Coop Fees$0
  • Days on Site14 Days
  • MLS StatusPending
  • MLS ID Number98909117
  • Home Size Source N/A
  • Year Built1927
  • Lot Size0.16 Acres
  • Full Baths3
  • Partial BathsN/A

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Schools

School District
West Ada School District
Elementary School
Meridian Elementary School
Middle School
Meridian Middle
High School
Meridian High School

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Monthly Payment (Est.)

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