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Key Details
Sold Price $325,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2 sqft
Price per Sqft $162,500
MLS Listing ID SN23068331
Sold Date 05/12/23
Construction Status Repairs Cosmetic,Repairs Major
HOA Y/N No
Rental Info Month To Month
Year Built 1975
Lot Size 8,276 Sqft
Acres 0.19
Property Description
VERY PRONISSING and PRODUCTIVE CORING INCOME PROPERTY Features TWO, ADJACENT, ONE-STORY BUILDINGS, the first with two 2/1s apartment's with spacious open kitchen floorplans and the second building with two 1/1s cozy studios with open kitchen floorplans. When Fully Rented for the last 8 years, brought in Monthly Gross Rents of $3200 for all four units. This Quadplex is Located in a Decent Corning Residential Neighborhood. Property current has three rented out units all on month to month leases. One Unit has Been recently remodeled and one unit needs some extensive work and is vacant while repairs continue. Property is CENTRALLY LOCATED close to down-town Corning CLOSE TO SCHOOLS, SHOPPING and RESTAURANTS. With some TLC, this quadplex could become a very lucrative investment given it's affordable price. Being Sold in " As IS " condition. Become an onsite, Real Estate Business Owner. This opportunity Won't last long for this great price!
Location
State CA
County Tehama
Zoning CITY
Rooms
Ensuite Laundry None
Interior
Interior Features Ceiling Fan(s), Laminate Counters, All Bedrooms Down, Bedroom on Main Level
Laundry Location None
Heating Electric
Cooling Wall/Window Unit(s)
Flooring Laminate, Vinyl
Fireplaces Type None
Fireplace No
Appliance Gas Oven, Gas Range
Laundry None
Exterior
Exterior Feature TV Antenna
Garage Gravel, Off Street, Paved
Fence Wood
Pool None
Community Features Gutter(s), Park, Street Lights, Sidewalks
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected
View Y/N Yes
View Neighborhood
Roof Type Composition
Parking Type Gravel, Off Street, Paved
Private Pool No
Building
Lot Description 2-5 Units/Acre, Front Yard, Lawn, Level, Near Public Transit, Rectangular Lot, Trees, Yard
Faces South
Story 1
Entry Level One
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Contemporary
Level or Stories One
New Construction No
Construction Status Repairs Cosmetic,Repairs Major
Others
Senior Community No
Tax ID 071221008000
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
Special Listing Condition Standard
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Bought with Tim Schromm • Preferred Agents Real Estate -
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