338 East State Avenue
338 East State Avenue
$585,900
5
3
2,809
2,809
$209
Pending
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...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
- Listed by Trina Neddo • Cashflow Real Estate
Property Details for 338 East State Avenue
Parking Features
Carport, RV Access/Parking
Subdivision NameCottage Home Ad
Location
LISTING UPDATED: 05/08/2024 11:17 AM
Property Details for 338 East State Avenue
Status | Pending |
---|---|
MLS # | 98909117 |
Days on Market | 5 |
Taxes | $2,495 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / Triplex |
Year Built | 1927 |
Lot Size | 0.16 AC / 6,969 SF |
County | Ada County |
Location
Building Information for 338 East State Avenue
Stories-Residences3Year Built1927Building Size-Lot Size0.16 AC / 6,969 SF
Payment Calculator
$3,405 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 338 East State Avenue
Property History for 338 East State Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 338 East State Avenue
Taxable ValueLand$175,800Additions$752,600Total$928,400
Tax Record2022$2,862 ($238 / month)
Home Facts
Total Finished SqFt1,660 SqFtAbove Grade Finished SqFt1,660 SqFtStories1Lot Size6,970 SqFtStyleDuplexYear Built1927Year Renovated1977ZoningR-15CountyADAAPNR1578000290
Schools near 338 East State Avenue
This home is within Joint School District No. 2.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 6 to 8 |
Rating | School | Distance |
---|---|---|
Meridian Elementary School PublicPK to 5 | ||
Meridian Middle School Public6 to 8 | ||
Meridian High School Public9 to 12 | ||
Crossroads Middle School Public6 to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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