1128-1130 E 5th, Meridian, ID 83642

$494,900
4
BD
2
BA
1,885
SqFt

Courtesy of Atova

List Price
$494,900
Days on Market
99
Closing Date
Oct 30, 2024
Status
PENDING
MLS#
98915579
Region
Meridian NW
Bedrooms
4
Subdivision
Eastside Park S
Bathrooms
2
County
Ada
Sq. Ft
1885
Year Built
1967
Acres
0.19
Age
1967

Property Description

Superb location! Currently lowest priced, multi-unit investment opportunity in all of Boise and Meridian! Close to schools, shopping centers, restaurants and local amenities. Easy maintenance, low average cost for water, sewer and trash. Separate electrical meters. Metal roof. New carpet and interior paint 08/23 in unit #1130. Currently both units are tenant occupied with long rental history. Unit#1130 Leased through 08/31/25 @1100 MO. Unit #1128 is currently month to month at $1100 MO with opportunity to rent at projected $1350 MO. North 1/3 portion of lot (approx, 2200 sqft.) potential for garage or out-building with P/Z approval. Current leases Landlord pays water/sewer/trash (approx $85 month) Tenants pay electric.

Additional Information

Land Use
2-4 Units
Sq. Ft
1885
Garagetype
Other, Finished Driveway
Roof
Metal
Construction
Brick
Fenced
Wire, Wood
Lot Features
Standard Lot 6000-9999 SF, Garden
Air Conditioning
Wall/Window Unit(s)
Heating
Ceiling, Electric
Water
City Service
Electric
Unit 1 Separate Meter, Unit 2 Separate Meter
School District
West Ada School District
Elementary School
Meridian
Middle School
Meridian Middle
High School
Meridian
Taxes
$2,276
Tax Year
2022
Parcel Number
R2039450100
Gross Operating Income
26400


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