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    Gregory Lockhart | Owner-Operator of Sequoia Pacific Realty

    Gregory Lockhart

    Owner-Operator of Sequoia Pacific Realty

541 N Newcomb Street, Porterville, CA 93257 (MLS# 230580)

$710,000
541 N Newcomb Street
Porterville, CA 93257
MLS# 230580
Status: Closed
12 beds  |  7 baths  |  4396 sqft
541 N Newcomb Street, Porterville, CA 93257
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541 N Newcomb Street, Porterville, CA 93257 541 N Newcomb Street, Porterville, CA 93257 541 N Newcomb Street, Porterville, CA 93257 541 N Newcomb Street, Porterville, CA 93257 541 N Newcomb Street, Porterville, CA 93257 541 N Newcomb Street, Porterville, CA 93257 541 N Newcomb Street, Porterville, CA 93257 541 N Newcomb Street, Porterville, CA 93257 541 N Newcomb Street, Porterville, CA 93257 541 N Newcomb Street, Porterville, CA 93257 541 N Newcomb Street, Porterville, CA 93257 541 N Newcomb Street, Porterville, CA 93257 541 N Newcomb Street, Porterville, CA 93257 541 N Newcomb Street, Porterville, CA 93257 541 N Newcomb Street, Porterville, CA 93257 541 N Newcomb Street, Porterville, CA 93257 541 N Newcomb Street, Porterville, CA 93257 541 N Newcomb Street, Porterville, CA 93257 541 N Newcomb Street, Porterville, CA 93257 541 N Newcomb Street, Porterville, CA 93257 541 N Newcomb Street, Porterville, CA 93257 541 N Newcomb Street, Porterville, CA 93257 541 N Newcomb Street, Porterville, CA 93257 541 N Newcomb Street, Porterville, CA 93257 541 N Newcomb Street, Porterville, CA 93257 541 N Newcomb Street, Porterville, CA 93257 541 N Newcomb Street, Porterville, CA 93257 541 N Newcomb Street, Porterville, CA 93257 541 N Newcomb Street, Porterville, CA 93257 541 N Newcomb Street, Porterville, CA 93257 541 N Newcomb Street, Porterville, CA 93257 541 N Newcomb Street, Porterville, CA 93257 541 N Newcomb Street, Porterville, CA 93257 541 N Newcomb Street, Porterville, CA 93257 541 N Newcomb Street, Porterville, CA 93257 541 N Newcomb Street, Porterville, CA 93257 541 N Newcomb Street, Porterville, CA 93257 541 N Newcomb Street, Porterville, CA 93257 541 N Newcomb Street, Porterville, CA 93257 541 N Newcomb Street, Porterville, CA 93257 541 N Newcomb Street, Porterville, CA 93257

Property Description
Outstanding investment opportunity to own 7 houses located on one lot, all currently rented, The property is located across the street from Veteran's Park and near shopping adn restaurants. Three houses have been extensively remodeled recently. This is rare buy with a lot of investment upside.

Details
Maps
Property Information
Property Sub-Type: Multi Family
New Construction: No
Year Built: 1955
Year Built Source: Public Records
Number of Buildings: 7
Number of Units: 7
Street #: 541
Stories: 1
Approx Square Feet: 4396
Direction: N
Bedrooms: 12
SqFt Source: Public Records
Street Name: Newcomb
Lot Acres: 1.25
Suffix: Street
Total Baths: 7
Lot SqFt: 54450
Lot Size Source: Public Records
Lot Dimensions: irregular
State/Province: CA
Zip Code: 93257
APN: 245081017000
County: Tulare
Additional Parcels Y/N: No
Common Interest: None
Area: Porterville NW
Listing Information
Original List Price: 749950
List Price/SqFt: 168.32
Current Price: $710,000
Status: Closed
Listing Date: 2024-07-31
Listing Price: 739950
Showing Information
Directions to Property: Head North on Newcomb Ave from Morton Avenue. Property is on the left (West) side of Newcomb across the street from Veteran's Park.
Remarks
Marketing Remarks: Outstanding investment opportunity to own 7 houses located on one lot, all currently rented, The property is located across the street from Veteran's Park and near shopping adn restaurants. Three houses have been extensively remodeled recently. This is rare buy with a lot of investment upside.
General Information
Garage: No
Pool: No
HOA: No
Solar YN: No
Financial Information
Cap Rate: 6
Status Change Info
Status Change Date: 2025-01-17
Pending Date: 2024-10-28
Close Date: 2025-01-17
Close Price: 710000
Close Price/SqFt: 161.51
Unit 1
Number of Bedrooms: 2
Number of Bathrooms: 1
Total Rent: 760
Unit Description: Unit A
Unit 2
Number of Bedrooms: 2
Number of Bathrooms: 1
Total Rent: 1025
Unit Description: Unit B
Unit 3
Number of Bedrooms: 1
Number of Bathrooms: 1
Total Rent: 900
Unit Description: Unit C
Unit 4
Number of Bedrooms: 1
Number of Bathrooms: 1
Total Rent: 875
Unit Description: Unit D
Unit 5
Number of Bedrooms: 2
Number of Bathrooms: 1
Total Rent: 1050
Unit Description: 517 N. Newcomb
Unit 6
Number of Bedrooms: 2
Number of Bathrooms: 1
Total Rent: 975
Unit Description: 525 N. Newcomb
Unit 7
Number of Bedrooms: 2
Number of Bathrooms: 1
Total Rent: 975
Unit Description: 533 N. Newcomb
Property Features
Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected
Water: Public
Sewer: Septic Tank
Cooling: Evaporative Cooling
Heating: Wall Furnace
Roofing: Composition

Listing Office: Century 21 Jordan-Link & Company

Listing Agent: Gerardo Gonzalez

Agent Email: gerardo@homesforrentpm.com

Last Updated: January - 17 - 2025

541 N Newcomb Street, Porterville, CA 93257 - MLS# 230580

Information deemed reliable but not guaranteed.

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