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    338 E State Ave, Meridian, ID 83642

    5beds
    3baths
    2,809sqft
    Triplex, Multi Family
    Built in 1927
    -- sqft lot
    $592,900 Zestimate®
    $--/sqft
    $1,866 Estimated rent

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    What's special

    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

    Zillow last checked: 7 hours ago

    Listing updated: July 23, 2024 at 09:26am

    Listed by:

    Trina Neddo 208-724-0465,

    Cashflow Real Estate

    Bought with:

    Brian Strand

    Silvercreek Realty Group

    Source: IMLS,MLS#: 98909117MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    Heating
    • Forced Air, Ductless/Mini Split
    Cooling
    • Central Air, Ductless/Mini Split
    Appliances
    • Included: Disposal (No Units), Stove/Range (All Units), Refrigerator (All Units), Washer/Dryer (No Units)
    • Laundry: In Unit
    Features
    • Unit 1 Baths: 1, Unit 2 Baths: 2
    • Has basement: No
    Interior area
    • Total structure area: 2,809
    • Total interior livable area: 2,809 sqft

    Property

    Parking
    • Total spaces: 5
    • Parking features: Carport, RV Access/Parking
    • Has carport: Yes
    Features
    • Fencing: Metal,Wood
    Lot
    • Size: 6,969 sqft
    • Features: Standard Lot 6000-9999 SF, Irrigation
    Details
    • Parcel number: R1578000290
    • Zoning: R15

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex, Multi Family
    Materials
    • Frame
    • Foundation: Crawl Space
    • Roof: Composition
    Condition
    • Year built: 1927

    Utilities & green energy

    • Gas: Unit 1 Separate Meter, Unit 2 Separate Meter, Unit 3 Separate Meter
    • Water: Public
    • Utilities for property: Sewer Connected, Cable Connected

    Community & neighborhood

    Location
    • Region: Meridian
    • Subdivision: Cottage Home Ad

    HOA & financial

    Other financial information
    • Total actual rent: 3850

    Other

    Other facts
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple