338 E STATE AVE
MERIDIAN, ID 83642

$585,900

5 Beds

3 Baths

2,809 Sq Ft

Status Pending

MLS# 98909117

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

Details for 338 E STATE AVE

$209 / Sq Ft

5 parking spaces

Forced Air, Ductless/Mini Split

29 Days on website

0.16 acres lot

Interior

Appliances

Disposal (No Units), Stove/Range (All Units), Refrigerator (All Units), Washer/Dryer (No Units)

Bathrooms Total

Bedrooms Total

Fireplace Features

Flooring

Interior Features

Laundry Features

Washer/Dryer Hookups (All Units)

Living Area

2,809 SqFt.

Building And Construction

Accessibility Features

Building Features

Door Features

[]

Number Of Units Total

Property Sub Type

Multi Family

Property Type

Residential Income

Security Features

[]

Window Features

Year Built

1927

Exterior And Lot

Exterior Features

Lot Features

Standard Lot 6000-9999 SF, Irrigation, R.V. Parking

Lot Size Acres

0.16

Lot Size Square Feet

6969.6

Lot Size Units

Acres

Parking Features

Carport, RV Access/Parking

Parking Total

Patio And Porch Features

[]

Pool Features

[]

Spa Features

[]

Waterfront Features

[]

Utilities

Cooling

["Central Air", "Ductless/Mini Split"]

Heating

Forced Air, Ductless/Mini Split

Area And Schools

City

Meridian

Community Features

County Or Parish

Ada

Elementary School

Meridian

High School

Meridian

Middle Or Junior School

Meridian Middle

School District

West Ada School District

Subdivision Name

Cottage Home Ad

Financial Info

Buyer Agency Compensation^*

^*The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Tax Annual Amount

$2,495

Tax Year

2023

Additional Info

Close Date

2024-06-17T00:00:00.000Z

Details for 338 E STATE AVE

Interior

Building And Construction

Exterior And Lot

Utilities

Area And Schools

Financial Info

Additional Info

Area Information for 338 E STATE AVE