USAIDParmaParma Original501 E Grove Ave
View of front of house | Image 1
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$400,000

501 E Grove Ave, Parma, ID

House

For Sale

$--,---,---
330
  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 1160 sqft
Garage No
Taxes 
Days Active 21
Lot Size 
Approx. Age 1935
Avg. Price Per Sqft $344
MLS® Number 98954345

Property Address: 

Average square foot calculated using Size range provided by listing agent.

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.Show Description
MLS® Number98954345
Laundry Level
Central VacNo
FireplaceNo
Acreage0.16
Exterior
GarageNo
Approx. Age1935
Basement
Driveway
Garage Spaces
HeatForced Air, Natural Gas
A/CCentral Air
Heating Fuel

Extras

Rooms

Show Details
Master Bedroom:Main10 × 11 ft
Bedroom 3:Upper10 × 9 ft
Bedroom 2:Upper13 × 13 ft
Kitchen:Main12 × 7 ft
Living Room:Main12 × 19 ft

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