Prime investment opportunity with this fully-rented 4-plex in central Meridian! Located in a highly desirable area, this property consistently rents at fair market value. Each unit includes a covered parking spot, and property management is streamlined with closed management per CC&Rs. A solid addition to any investment portfolio!
Income producing/development property in the heart of Meridian. Fully renovated house on an acre approved for three additional building lots.
Great investment property in Meridian. Unit 812 was just completely remodeled and updated, is like new. Unit 812 is leased for $1395.00/month, rented in one day. Unit 810 is leased for $1195.00/mo and Unit 332 is leased for $1895.00/mo. Units 810 and 332 both have just had bathrooms completely updated. New updates include: Roof with warranty, Wall AC units for each unit. Newly painted exterior, new exterior doors, New exterior lighting, windows throughout, New water lines, newer sidewalks and landscaping. New appliances in all except for oven/range and dishwasher in unit 810. There is gas to the property but is not hooked up to any of the units. Great investment opportunity! One tenant has occupied for approx. 10 years and the other for approx. 7 years. Easy freeway access, seller has never had an issue renting out the units. This Charming triplex is single level. NOI is $48,959.00 making a 6% Cap Rate.
Welcome to Pine 43! This might be the best townhome project in all of Meridian! Features the quality craftsmanship of Hallmark Homes with standard features including quartz countertops, engineered wood flooring, spacious living areas, large kitchens with plenty of cabinet space, etc. The community features swimming pool, courts, ponds, etc and is in the perfect location in Meridian. Close to shopping and entertainment of all kinds, schools, medical, and easy commutes to anywhere in the valley.
Excellent investment property in a fantastic location close to Locust Grove and Fairview - minutes from shopping, freeway & The Village. Each unit has two bedroom/one bath & includes a refrigerator. All units are fully occupied - with a good rental history. Buyer can self manage or pick their own preferred management company. Tenant pays for electric, gas, cable, telephone or any other services desired by tenant. Landlord pays for water, sewer, trash. Units in good condition & excellent rental history
Meridian is located in Idaho. Meridian, Idaho has a population of 115,227. Meridian is more family-centric than the surrounding county with 37.58% of the households containing married families with children. The county average for households married with children is 34.11%.
The median household income in Meridian, Idaho is $85,201. The median household income for the surrounding county is $75,115 compared to the national median of $69,021. The median age of people living in Meridian is 36.6 years.
The average high temperature in July is 91.6 degrees, with an average low temperature in January of 23.6 degrees. The average rainfall is approximately 10.9 inches per year, with 10.3 inches of snow per year.
