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Key Details
Sold Price $445,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SP19152254
Sold Date 10/11/19
HOA Y/N No
Year Built 1969
Lot Size 0.310 Acres
Property Description
Great long term investment property in Reedley, CA next to Reedley City College. This fourplex brings in a net income of $3,425 per month and is being sold at a 6.6% cap rate. Long term tenants help keep the property clean and take great care of their units. This property also includes a seperate laundry room with owned coin op washer and dryer, a one year old roof, and all A/C units have been serviced within the last month. All units have their own carport and storage. Call today for more information.
Location
State CA
County Fresno
Rooms
Ensuite Laundry Laundry Room
Interior
Interior Features All Bedrooms Down
Laundry Location Laundry Room
Heating Central
Cooling Central Air
Flooring Carpet, Laminate, Tile
Fireplace No
Appliance Dryer, Washer
Laundry Laundry Room
Exterior
Garage Attached Carport
Carport Spaces 6
Pool None
Community Features Curbs, Street Lights, Sidewalks, Urban
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Roof Type Composition
Parking Type Attached Carport
Total Parking Spaces 6
Private Pool No
Building
Lot Description Sprinklers Manual
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 36323117
Energy Description 1158.0
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Financing Conventional
Special Listing Condition Standard
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Bought with General NONMEMBER • CRMLS
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Crystal Trammell
REALTOR® | Mortgage Broker | License ID: 02147605
REALTOR® | Mortgage Broker License ID: 02147605