Property Search Details

501 E Grove Ave Parma, ID 83660

Directions

Travel NW on Hwy 20-26 into Parma. 20-26 turns into E. Grove Ave. Located on corner of E. Grove and

Price: $400,000
Beds: 3
Baths: 2.5
Garages: 0
Type: Single Family Residence
Area: Parma - 1292
Land Size: Standard Lot 6000-9999 SF, Corner Lot, Manual Spr
SqFt: 2712
Acres: 0.16
Subdivision: Parma Original
Year Built: 1935
Construction: Frame, Stucco
Lot Size: 140x50 x 140x50

Includes

Air Conditioned: true
Water: City Service
Heating: Forced Air, Natural Gas

Schools

School District: Parma School District #137
Sr High School: Parma
Jr High School: Parma Jr
Grade School: Parma

Contact for more details:

A-Team Consultants
1099 S Wells St #200, Meridian, ID 83642
Phone: 208.761.1735   Email: info@ateamboise.com

Description

Unlock Unrivaled Potential in Parma! This unique property presents a great opportunity for an investor or an owner-occupant ready to build equity and generate income. The main residence spans 1832 sq ft, featuring an unfinished basement (approximately 670 sq ft) that offers a solid foundation for your creative vision and future expansion. While updated about 10 years ago, there`s ample room to customize and truly make it your own. Adding significant value is the separate, income-generating 800 sq ft ADU (Accessory Dwelling Unit), currently bringing in a reliable $1200/month in rental income! With two distinct living spaces, this property offers incredible flexibility: you have the powerful option to live in one and rent the other, or maximize your investment by renting both units for substantial cash flow. Don`t miss this chance to own a versatile property with significant income potential and room for appreciation in the growing community of Parma. This isn`t just a house; it`s an investment in your future.
Legal Description:
09-5N-5W Se Parma Original Lt 12 Blk 35
Listing info for this property courtesy of  Silvercreek Realty Group  Information deemed reliable but not guaranteed. Buyer to verify all information. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s), shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.