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Key Details
Sold Price $550,000
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 4,480 sqft
Price per Sqft $122
MLS Listing ID IV22096005
Sold Date 09/01/22
HOA Y/N No
Year Built 1971
Lot Size 8,729 Sqft
Acres 0.2004
Property Description
Here is a 5-unit commercial income property fully occupied that has been professionally managed. All of the units are 2 bedrooms and 1-1/2 baths, half bath is located downstairs of each unit. One unit has a fireplace and a balcony. All units have their own meter and all have central heat and air. 3 units have been updated and show very well. 2 units need some cosmetic work but both are in good shape. Central heat and air for each unit. The garage roof was just redone with new wood boards. This is a great investment for any buyer looking for passive income, 1031 exchange, or looking to add to their investment portfolio. This property is minutes from downtown, close to shopping centers, schools, and easy Fwy access.
Location
State CA
County Tulare
Zoning R16
Rooms
Ensuite Laundry Common Area
Interior
Laundry Location Common Area
Heating Central
Cooling Central Air
Fireplaces Type Living Room
Fireplace Yes
Laundry Common Area
Exterior
Garage Attached Carport
Carport Spaces 5
Pool None
Community Features Sidewalks
Parking Type Attached Carport
Total Parking Spaces 5
Private Pool No
Building
Lot Description Corner Lot, Landscaped
Story 2
Entry Level Two
Sewer Unknown
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 097037001000
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Financing Conventional
Special Listing Condition Standard
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Bought with Roberto Soto • NONMEMBER MRML
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