Description
Unique investment opportunity in the heart of Meridian! This 2,576 sq. ft., single-level home offers 5 bedrooms, 2.5 bathrooms, a 2-car garage, and an expansive .32-acre lot. A fully installed residential fire suppression system, representing a substantial investment, offers potential advantages for buyers considering residential care, transitional housing, or other permitted uses. The large lot may also accommodate an accessory dwelling unit (ADU), subject to applicable approvals. Currently leased through June 30, 2027, generating $2,900 per month, with the tenant responsible for utilities and most routine maintenance. The interior is dated but maintained, featuring hard-surface flooring throughout. Seller is offering a $10,000 concession toward closing costs or improvements. An exceptional opportunity for investors seeking income and long-term flexibility. No showings prior to an accepted offer. Buyer to verify all intended uses and development requirements.
Details
| MLS # | 99004796 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1985 |
| Days On Site | 12 |
| Listing Provided By | Boise Premier Real Estate | Greg Tripoli |
Features
| Bed(s) | 5 |
|---|---|
| Bath(s) | 3 |
| SQ Feet | 2,576 |
| Units | 1 |
| Zoning | R-8 |
| Acreage | 0.32 |
Interior
| Cooling | Central Air |
|---|---|
| Cooling Yes / No | Yes |
| Heating | Forced Air |
| Heating Yes / No | Yes |
| Appliances | Stove/Range (All Units) |
| Laundry Features | Washer/Dryer Hookups (All Units) |
| Flooring | Engineered Vinyl Plank, Laminate |
Exterior
| Roof | Composition |
|---|---|
| Foundation Details | Crawl Space |
| Lot Features | 10000SF - .49 |
| Construction Materials | Frame, Masonry, Stucco, Wood Siding |
| Fencing | Wood |
Parking
| Parking Features | Attached |
|---|
Utilities
| Utilities | Sewer Connected |
|---|---|
| Electric | Unit 1 Separate Meter |
| Gas | Unit 1 Separate Meter |
Taxes
| Tax Year | 2025 |
|---|---|
| Tax Annual Amount | 2182.24 |
| Tax Legal Description | LOT 11 BLK 5 MERIDIAN PLACE SUB NO 1 |
Area Information
| State | ID |
|---|---|
| County | Ada |
| City | Meridian |
| Zip Code | 83646 |
| Area | Ada |
| Community Name | Meridian Place |
| School District | West Ada School District |
| Elementary School | River Valley |
| High School | Meridian |
| Listing VS Median (in Meridian Place) | |
Price: $542,000 low | high Med: $542,000 sqft: 2,576 low | high Med: 2,576 $ / sqft: $210 low | high Med: $210 On site: 12 low | high Med: 12 | |
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Learn More About This Property
| State | ID |
|---|---|
| County | Ada |
| City | Meridian |
| Zip Code | 83646 |
| Area | Ada |
| Community Name | Meridian Place |
| School District | West Ada School District |
| Elementary School | River Valley |
| High School | Meridian |
| Listing VS Median (in Meridian Place) | |
Price: $542,000 low | high Med: $542,000 sqft: 2,576 low | high Med: 2,576 $ / sqft: $210 low | high Med: $210 On site: 12 low | high Med: 12 | |
