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Key Details
Sold Price $836,500
Property Type Multi-Family
Sub Type 5+ Units
Listing Status Sold
Purchase Type For Sale
Square Footage 5,430 sqft
Price per Sqft $154
Subdivision Northgate Manor
MLS Listing ID 229990
Sold Date 10/07/24
Bedrooms 12
Year Built 1972
Lot Size 0.330 Acres
Property Description
What a great investment opportunity! Apartment complexes do not come up very often and this is an apartment complex offering a private patio for each tenant with washer and dryer hookups located in each unit. The property has a new roof, new plumbing replaced underground, all new electrical boxes inside each unit and udated outside where necessary. This property does not have a pool. The pool was demolished and filled in. All repairs were permitted and inspected by the city. This apartment complex is categorized as a 'B' quality property. Each unit has its own AC and separate gas meter for each unit. There are a total of 6 units with 2 beds and one bath in each unit and they are located very close to Dinuba schools. Carport spaces are available behind the property and there is parking on the street in front of the apartments. Rent can be increased in January 2025 for all units except unit 3.
Rent roll:
unit 1- 900
unit 2- 955
unit 3- 1275
unit 4- 925
unit 5- 925
unit 6- 815
Location
State CA
County Tulare
Interior
Heating Central
Cooling Central Air
Exterior
Utilities Available Electricity Connected, Natural Gas Connected, Water Connected
View Y/N N
Roof Type Other,Shingle
Building
Story 1
Sewer Public Sewer
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Bought with Jeff Pena
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David Burchell
Team Leader & Realtor | License ID: #02033130
Team Leader & Realtor License ID: #02033130