$742,000
Lindsay, CA 93247
MLS# 225446
Status: Closed
16 beds | 8 baths | 6871 sqft
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Property Description
ATTENTION ALL INVESTORS!! Heres an opportunity to own well-maintained 8 garden-style apartment units comprised of two legally separate 4-plexes, in the heart of the charming Lindsay community. The propery includes two separate lots that border each other. All apartments have a two-bedroom and one-bath floor plan with 843 sf. of living space. Each building has a shared laundry room, which provides extra income.
Details
Maps
Property Information
Property Sub-Type: Multi Family
New Construction: No
Year Built: 1000
Year Built Source: Public Records
Number of Buildings: 2
Number of Units: 8
Street #: 769
Stories: 1
Approx Square Feet: 6871
Direction: E
Bedrooms: 16
SqFt Source: Appraiser
Street Name: Honolulu
Lot Acres: 0.57
Suffix: Street
Total Baths: 8
Lot SqFt: 24764
Lot Size Source: Appraiser
Lot Dimensions: Approximately 180'x 138' (Two Lots)
State/Province: CA
Zip Code: 93247
APN: 206012014000
County: Tulare
Additional Parcels Y/N: Yes
Additional Parcels Description: 206-012-015
Common Interest: None
Area: Lindsay
Zoning Description: R-1-7
Listing Information
Original List Price: 735000
List Price/SqFt: 106.97
Current Price: $742,000
Status: Closed
Listing Date: 2023-09-05
Listing Price: 735000
Showing Information
Directions to Property: From Highway 65 head East on W. Hermosa St. for approximately 2 miles. Turn right (South) on Harvard Ave. Turn left (East) on Honolulu St. The property is on the left (North) side of the street.
Remarks
Marketing Remarks: ATTENTION ALL INVESTORS!! Heres an opportunity to own well-maintained 8 garden-style apartment units comprised of two legally separate 4-plexes, in the heart of the charming Lindsay community.
The propery includes two separate lots that border each other. All apartments have a two-bedroom and one-bath floor plan with 843 sf. of living space.
Each building has a shared laundry room, which provides extra income.
General Information
Garage: No
Pool: No
HOA: No
Fireplace: No
Direction Faces: South
Spa: No
Waterfront: No
Tax Information
Land Value: 42492
Improvement Value: 148729
Financial Information
Cap Rate: 4
Status Change Info
Status Change Date: 2023-11-09
Pending Date: 2023-09-11
Close Date: 2023-11-09
Close Price: 742000
Close Price/SqFt: 107.99
Unit 1
Number of Bedrooms: 2
Number of Bathrooms: 1
Square Feet: 843
Total Rent: 635
Unit 2
Number of Bedrooms: 2
Number of Bathrooms: 1
Square Feet: 843
Total Rent: 635
Unit 3
Number of Bedrooms: 2
Number of Bathrooms: 1
Square Feet: 843
Total Rent: 635
Unit 4
Number of Bedrooms: 2
Number of Bathrooms: 1
Square Feet: 843
Total Rent: 590
Unit 5
Number of Bedrooms: 2
Number of Bathrooms: 1
Square Feet: 843
Total Rent: 615
Unit 6
Number of Bedrooms: 2
Number of Bathrooms: 1
Square Feet: 843
Total Rent: 590
Unit 7
Number of Bedrooms: 2
Number of Bathrooms: 1
Square Feet: 843
Total Rent: 645
Unit 8
Number of Bedrooms: 2
Number of Bathrooms: 1
Square Feet: 843
Total Rent: 510
Property Features
Utilities: Cable Connected; Electricity Connected; Natural Gas Connected; Phone Connected; Sewer Connected; Water Connected
Water: Public
Sewer: None
Cooling: Central Air
Heating: Forced Air
Roofing: Composition
Tenant Pays: Cable TV; Electricity; Gas
Owner Pays: Trash Collection; Water
Laundry Features: Common Area
Listing Terms: 1031 Exchange; Cash; Conventional
Parking Features: Asphalt; Carport
IDX
Listing Office: Century 21 Select Real Estate
Listing Agent: Gerardo Gonzalez | gerardo@homesforrentpm.com
Agent Email: gerardo@homesforrentpm.com
Last Updated: September - 24 - 2024
Information deemed reliable but not guaranteed.