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604 Cherry Lane Meridian, ID 83642
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Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,080 sqft
Price per Sqft $98
Subdivision 0 Not Applic.
MLS Listing ID 98694197
Sold Date 12/13/18
Bedrooms 8
HOA Y/N No
Originating Board IMLS 2
Year Built 1972
Annual Tax Amount $3,697
Tax Year 2017
Lot Size 0.260 Acres
Acres 0.26
Property Sub-Type Quadruplex
Property Description
Super location with long-term tenants. The majority of the rents are below market. Leases are month to month so the new owner will be able to make changes. The 4-plex next door at 704 Cherry lane is also for sale. Buying all would give the new owner a little over an acre of land with great potential for more units! Each unit has a carport space, exterior storage unit and washer dryer hook-ups. The two upper units are in excellent condition. Lower units need some TLC ( same tenants for years ).
Location
State ID
County Ada
Area Meridian Nw - 1030
Zoning L-O
Direction North side of Cherry lane between Crestmont and 8th.
Interior
Heating Ceiling, Electric, Radiant
Cooling Wall/Window Unit(s), Some Units
Fireplace No
Appliance Disposal (No Units), Stove/Range (All Units), Refrigerator (All Units), Washer/Dryer (Some Units)
Laundry Washer/Dryer Hookups (All Units)
Exterior
Fence Partial
Community Features Commercial Office
Utilities Available Sewer Connected
Roof Type Composition
Total Parking Spaces 8
Building
Lot Description 10000SF - .49, Bus on City Route, Garden, Sidewalks
Faces North side of Cherry lane between Crestmont and 8th.
Water City Service
Structure Type Brick,Concrete,Masonry,Stone
New Construction No
Schools
Elementary Schools Meridian
High Schools Meridian
School District West Ada School District
Others
Tax ID S12014383842
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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