$450,000
Kingsburg, CA 93631
MLS# 229588
Status: Closed
3 beds | 2 baths | 1703 sqft
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Property Description
Looking for the perfect investor to discover this charming 1703 square foot home with 3 bedrooms and 2 bathrooms. The kitchen has been recently upgraded with new appliances, countertops, cabinets, flooring, and fresh paint throughout. This outstanding 1.25-acre property in Kingsburg is situated in R3 zoning. There is an opportunity to divide the land into four empty lots and one lot with a house, all with street frontage to maximize appeal, presenting a lucrative opportunity. Selling these lots could potentially generate enough revenue to completely pay off the mortgage, giving the buyer a debt-free property. Delving into this venture further unveils exciting prospects and possibilities. Alternatively, the property could potentially qualify for 14 units, with a potential extension to 16 units. To move forward, a site plan and drawings must be prepared for submission to plan check, with costs estimated at around $1500 plus additional expenses for plans and permits. Buyer must verify all information.
Details
Maps
Property Information
Area: Out of Area
Property Sub-Type: Single Family Residence
Stories: 1
Bedrooms: 3
Total Baths: 2
Full Baths: 2
Street #: 2325
Approx Square Feet: 1703
Street Name: 10th
SqFt Source: Public Records
Suffix: Avenue
Lot SqFt: 54450
Lot Acres: 1.25
Lot Size Source: Public Records
Lot Dimensions: (163' x 267')
New Construction: No
Year Built: 1930
State/Province: CA
Year Built Source: Public Records
Zip Code: 93631
APN: 39404408
County: Fresno
Common Interest: None
Listing Information
Original List Price: 649000
List Price/SqFt: 381.09
Status: Closed
Listing Date: 2024-06-04
Listing Price: 649000
Current Price: $450,000
Showing Information
Directions to Property: Sierra Ave to 10th Ave
Remarks
Marketing Remarks: Looking for the perfect investor to discover this charming 1703 square foot home with 3 bedrooms and 2 bathrooms. The kitchen has been recently upgraded with new appliances, countertops, cabinets, flooring, and fresh paint throughout. This outstanding 1.25-acre property in Kingsburg is situated in R3 zoning. There is an opportunity to divide the land into four empty lots and one lot with a house, all with street frontage to maximize appeal, presenting a lucrative opportunity. Selling these lots could potentially generate enough revenue to completely pay off the mortgage, giving the buyer a debt-free property. Delving into this venture further unveils exciting prospects and possibilities.
Alternatively, the property could potentially qualify for 14 units, with a potential extension to 16 units. To move forward, a site plan and drawings must be prepared for submission to plan check, with costs estimated at around $1500 plus additional expenses for plans and permits. Buyer must verify all information.
General Information
Pool: No
Garage: No
HOA: No
Fireplace: Yes
Direction Faces: East
Accessory Dwelling Unit (ADU) Y/N: No
Additional Parcels Y/N: No
Spa: No
Tax Information
Land Value: 8212
Improvement Value: 31104
Status Change Info
Status Change Date: 2024-07-12
Pending Date: 2024-06-24
Close Date: 2024-07-11
Close Price: 450000
Close Price/SqFt: 264.24
Property Features
Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected
Water: Public
Sewer: Public Sewer
Cooling: Central Air
Heating: Central
Roofing: Composition
Appliances: Gas Range
Common Walls: No Common Walls
Fireplace Features: Free Standing; Wood Burning
Flooring: Vinyl
Laundry Features: Inside
Listing Terms: Assumable; Cash; Conventional
Parking Features: None
Patio and Porch Features: Front Porch
Listing Office: London Properties-Kingsburg
Listing Agent: Norma Hollnagel
Agent Email: nhollnagel@londonproperties.com
Last Updated: September - 23 - 2024
Information deemed reliable but not guaranteed.