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About the Listing 10107 - 567507
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.
Listing Highlights for 501 E Grove Ave
Status
Active
Days on Site
56
Property Type
Residential
MLS ®
98954345
Year Built
1935
Total Square Footage
1,160
Lot/Acreage
0.16
County
Canyon
Neighborhood
Parma Original
Area
Parma - 1292
School District
Parma School District #137
Elementary School
Parma
Middle School
Parma Jr
High School
Parma
Interior Details
- Bedrooms: 3
- Bathrooms: 3 Full
- Appliances: Electric Water Heater, Dishwasher, Microwave, Oven/Range Freestanding, Refrigerator, Washer, Dryer
- Air Cond: Central Air
- Heating: Forced Air,Natural Gas
- Fireplaces:
- Floor: Carpet,Vinyl Sheet
- Above Ground Sq Ft: 1160
- Below Ground Sq Ft: 0
- Basement:
- Other: Bath-Master,Bed-Master Main Level,Granite Counters,Solid Surface Counters
- Water: City Service
Exterior Details
- Lot Description: Standard Lot 6000-9999 SF,Corner Lot,Manual Sprinkler System,Full,Wire,1 Acre or Less
- Garage Capacity: N/A
- Parking Spaces: 0
- Lot Dimensions: 140x50
- Roof: Metal
- Others:
- Sewer:
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 19434000
- Tax Year: 2024
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
501 E Grove Ave Parma, ID 83660
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