$700,000
Tulare, CA 93274
MLS# 131082
Status: Closed
8369 sqft
1 / 6
Property Description
GREAT Investment Opportunity! This property features 9 Commercial Units & 7 Income Producing Residential Units! Total Gross Monthly Rents =$8,160. Total Gross Yearly Rents= $97,920. CAP Rate is approximately 8.5%. Downtown Tulare on the corner of N. L and King street. Close to shopping, Banks, Dining, professional offices, post office, City Hall and Tulare Union High school. Price is Firm!!
Details
Maps
Property Information
Property Sub-Type: Multi Family
New Construction: No
Year Built: 1925
Year Built Source: Public Records
Number of Buildings: 2
Number of Units: 16
Street #: 202
Stories: 1
Approx Square Feet: 8369
Direction: N
SqFt Source: Public Records
Street Name: L
Lot Acres: 0.52
Suffix: Street
Lot SqFt: 22651
Lot Size Source: Public Records
Lot Dimensions: Buyer to verify
State/Province: CA
Zip Code: 93274
Zip Plus 4: 4116
APN: 176121012000
County: Tulare
Additional Parcels Y/N: No
Area: Tulare NE
Listing Information
Original List Price: 795000
List Price/SqFt: 83.64
Current Price: $700,000
Status: Closed
Listing Date: 2017-06-14
Listing Price: 700000
Showing Information
Cross Street: King Ave
Directions to Property: From the intersection of Tulare Ave & J Street, head east on Tulare Ave, north on L St
Remarks
Marketing Remarks: GREAT Investment Opportunity! This property features 9 Commercial Units & 7 Income Producing Residential Units! Total Gross Monthly Rents =$8,160. Total Gross Yearly Rents= $97,920. CAP Rate is approximately 8.5%. Downtown Tulare on the corner of N. L and King street. Close to shopping, Banks, Dining, professional offices, post office, City Hall and Tulare Union High school. Price is Firm!!
General Information
Pool: No
Fireplace: No
Spa: No
Financial Information
Cap Rate: 8.5
Status Change Info
Status Change Date: 2017-08-28
Pending Date: 2017-08-21
Close Date: 2017-08-25
Close Price: 700000
Close Price/SqFt: 83.64
Property Features
Utilities: Natural Gas Connected; Sewer Connected; Water Connected
Water: Public
Sewer: Public Sewer
Cooling: Evaporative Cooling
Roofing: Composition
Parking Features: Other
Waterfront Features: Waterfront
IDX
Listing Office: Keller Williams Realty-Tulare
Listing Agent: Kevin Blain | kevin@kevinblain.com
Agent Email: kevin@kevinblain.com
Last Updated: September - 24 - 2024
Information deemed reliable but not guaranteed.