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$ 425,000
Est. payment | /mo
7 Beds
5 Baths
2,068 SqFt
$ 425,000
Est. payment | /mo
7 Beds
5 Baths
2,068 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,068 sqft
Price per Sqft $205
MLS Listing ID 653256
Bedrooms 7
Full Baths 5
HOA Y/N No
Year Built 1969
Lot Size 7,204 Sqft
Property Sub-Type Multi Family
Property Description
Investment opportunity featuring five long-term rental units with a current gross monthly income of approximately $3,500. The front building consists of two separate 2-bedroom, 1-bath units, each with its own address and separate utilities. The rear building includes two separate 1-bedroom, 1-bath units, each with its own address and separate utilities, plus an additional studio apartment. All tenants are long-term, month-to-month, have a strong history of on-time rent payments, and pay their own water and trash, reducing landlord operating expenses. Roof on the rear building needs repair. Excellent value-add opportunity with long-term occupancy and upside potential.
Location
State CA
County Tulare
Interior
Heating Floor or Wall Heat
Cooling Evaporative Cooling, Wall/Window Unit(s)
Fireplaces Type None
Exterior
Utilities Available Public Utilities, Natural Gas Connected
Roof Type Composition
Building
Lot Description Urban
Story 1
Foundation Concrete Perimeter, Wood Subfloor
Water Public
Schools
High Schools Dinuba
Listed by Aleman Realty
NEARBY SCHOOL & BUSINESS