$890,000
Visalia, CA 93277
MLS# 227271
Status: Closed
12 beds | 6 baths | 4608 sqft
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Property Description
Two TRIPLEXES with separate APN's, share common yard and parking and will be sold together. The property is well located in central Visalia close to schools, Mooney commercial corridor, Kaweah Medical center and the downtown entertainment and shopping district. Seasoned tenants date back to 1997. This property has been professionally managed and is in good condition with all systems working and being repaired as issues are reported. Rents range from $825 - $995 per month. All units are the same. Each unit has a small private yard area. A common Laundry is provided for the tenants at no charge. Off street parking includes covered and uncovered spaces for each tenant. Roofs on both buildings replaced with Solarguard Foam Systems May of 2017. Some photos are file photos of sample units.
Details
Maps
Property Information
Property Sub-Type: Multi Family
New Construction: No
Year Built: 1961
Year Built Source: Public Records
Number of Buildings: 2
Number of Units: 6
Street #: 515-529
Stories: 1
Approx Square Feet: 4608
Direction: W
Bedrooms: 12
SqFt Source: Public Records
Street Name: Tulare
Lot Acres: 0.39
Suffix: Avenue
Total Baths: 6
Lot SqFt: 16926
Lot Size Source: Public Records
Lot Dimensions: 127.2 x 133.27 or 63.6 x 133.27 and 63.6 x 133.27
State/Province: CA
Zip Code: 93277
APN: 096171011000
County: Tulare
Additional Parcels Y/N: Yes
Additional Parcels Description: 096171012000
Common Interest: None
Area: Visalia SW
Listing Information
Original List Price: 925000
List Price/SqFt: 200.74
Current Price: $890,000
Status: Closed
Listing Date: 2023-10-17
Listing Price: 925000
Showing Information
Directions to Property: From 198 south on Locust to West on Tulare to property on the South isde of the street. No sign on the property.
Remarks
Marketing Remarks: Two TRIPLEXES with separate APN's, share common yard and parking and will be sold together. The property is well located in central Visalia close to schools, Mooney commercial corridor, Kaweah Medical center and the downtown entertainment and shopping district. Seasoned tenants date back to 1997. This property has been professionally managed and is in good condition with all systems working and being repaired as issues are reported. Rents range from $825 - $995 per month. All units are the same. Each unit has a small private yard area. A common Laundry is provided for the tenants at no charge. Off street parking includes covered and uncovered spaces for each tenant. Roofs on both buildings replaced with Solarguard Foam Systems May of 2017. Some photos are file photos of sample units.
General Information
Garage: No
Pool: No
HOA: No
Financial Information
Cap Rate: 4.85
Tax Information
Land Value: 145201
Status Change Info
Status Change Date: 2024-02-22
Pending Date: 2024-01-24
Close Date: 2024-02-22
Close Price: 890000
Close Price/SqFt: 193.14
Unit 1
Number of Bedrooms: 2
Number of Bathrooms: 1
Square Feet: 768
Level: First
Total Rent: 850
Unit 2
Number of Bedrooms: 2
Number of Bathrooms: 1
Square Feet: 768
Level: First
Total Rent: 995
Unit 3
Number of Bedrooms: 2
Number of Bathrooms: 1
Square Feet: 768
Level: First
Total Rent: 825
Unit 4
Number of Bedrooms: 2
Number of Bathrooms: 1
Square Feet: 768
Level: First
Total Rent: 825
Unit 5
Number of Bedrooms: 2
Number of Bathrooms: 1
Square Feet: 768
Level: First
Total Rent: 825
Unit 6
Number of Bedrooms: 2
Number of Bathrooms: 1
Square Feet: 768
Level: First
Total Rent: 825
Property Features
Utilities: Electricity Connected; Natural Gas Connected; Phone Connected; Sewer Connected; Water Connected
Water: Public
Sewer: Public Sewer
Cooling: Central Air; Dual
Heating: Forced Air; Natural Gas
Roofing: Flat
Appliances: Gas Range; Gas Water Heater; Water Heater
Construction: Frame; Stucco
Flooring: Carpet; Combination; Laminate; Vinyl
Laundry Features: Laundry Room
Lot Features: Back Yard; Fencing; Level
Current Use: Multi-Family
Other Structures: Outbuilding
Patio and Porch Features: Patio
Road Frontage Type: City Street
Road Surface Type: Asphalt
Rooms: Kitchen; Living Room
Security Features: Carbon Monoxide Detector(s); Smoke Detector(s)
Listing Office: RE/MAX Success
Listing Agent: Ed Evans
Agent Email: ed@edevans.com
Last Updated: September - 24 - 2024
Information deemed reliable but not guaranteed.