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Attention Investors! Amazing turn key opportunity. Large duplex built in 2006 featuring 3 bed/ 2 bath units each unit is 1,208 sq ft with garages. There is also a 2 bed/1 bath 865 sq ft single family house with a detached garage. The house was updated with newer roof, stucco and windows. Duplex has Central heat and air, house is evaporating cooler and wall heater. The property is separately metered for gas, electric and water. This is a unique situation as the tenants pay ALL of their own utilities. Each unit is rented. Totaling a monthly rent income of $2,775 per month..expenses are extremely low and include taxes, insurance, maintenance. Priced at a very attractive 8% Cap rate for a solid return on a good property. Property has 3 garages in the rear of the property (not shown in pics). Pics were taken last year before tenants moved in). Possible for buyer to live in one unit and rent out 2 others for additional income.

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thought you might be interested in the following property:

272 S A Street

Porterville, CA 93257

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272 S A Street

Porterville, CA 93257

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272 S A Street

Porterville, CA 93257

[GET DIRECTIONS]


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272 S A Street

Porterville, CA 93257

$339,000

Listed On 05/24/2018

Status: Active

3,281 Square Feet (PER SELLER)
0.26 Acres (PER PUBLIC RECORDS)

Listing #138595 (TULARE MLS)

LONDON PROPERTIES, LTD.

Realtor® / Lic. #00463722

559.589.6600

jmarple@londonproperties.com

Presented By:

London Properties, Ltd.

(559) 589-6600

Email London


[GET DIRECTIONS]

272 S A Street

Porterville, CA 93257

272 S A Street

Porterville, CA 93257

[GET DIRECTIONS]


Presented By:

London Properties, Ltd.

(559) 589-6600

Email London

Presented By:

London Properties, Ltd.

(559) 589-6600

Email London

$339,000 3,281 Square Feet (PER SELLER) 0.26 Acres (PER PUBLIC RECORDS) Status: Active Listing #138595 (TULARE MLS) Listed On 05/24/2018

Attention Investors! Amazing turn key opportunity. Large duplex built in 2006 featuring 3 bed/ 2 bath units each unit is 1,208 sq ft with garages. There is also a 2 bed/1 bath 865 sq ft single family house with a detached garage. The house was updated with newer roof, stucco and windows. Duplex has Central heat and air, house is evaporating cooler and wall heater. The property is separately metered for gas, electric and water. This is a unique situation as the tenants pay ALL of their own utilities. Each unit is rented. Totaling a monthly rent income of $2,775 per month..expenses are extremely low and include taxes, insurance, maintenance. Priced at a very attractive 8% Cap rate for a solid return on a good property. Property has 3 garages in the rear of the property (not shown in pics). Pics were taken last year before tenants moved in). Possible for buyer to live in one unit and rent out 2 others for additional income.
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General Information
Property Type Residential Income Property Subtype(s) Triplex
Price Per Sq. Ft. $103.32 Days On Market 59
APN 261 150 040 000 Year Built 2006
County Tulare Area Porterville NE
# of Units 3 Cross Streets E Orange Ave
Directions Orange to A St    
Property Type Residential Income
Property Subtype(s) Triplex
Price Per Sq. Ft. $103.32
Days On Market 59
APN 261 150 040 000
Year Built 2006
County Tulare
Area Porterville NE
# of Units 3
Cross Streets E Orange Ave
Directions Orange to A St

Interior
Flooring Ceramic Tile    
Flooring Ceramic Tile

Exterior
Lot Size Rectangle Lot Acres (approx) 0.26 (per Public Records)
Lot Sq Ft (approx) 11,326 (per Public Records) Roofing Composition
Spa No Pool No
Lot Size Rectangle
Lot Acres (approx) 0.26 (per Public Records)
Lot Sq Ft (approx) 11,326 (per Public Records)
Roofing Composition
Spa No
Pool No

Miscellaneous Data
REO/Bank Owned No Gross Scheduled Income $33,300.00
REO/Bank Owned No
Gross Scheduled Income $33,300.00

Courtesy of Matthew Garabedian, Royal Realty Property Management & Investment, Inc.

The data relating to real estate for sale on this web site comes in part from the Internet Data eXchange (IDX) of the Multiple Listing Service. Real estate listings are marked with the IDX logo and detailed information about them includes the name of the listing broker and the name of the listing agent. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Information herein deemed reliable but not guaranteed, representations are approximate, individual verification recommended.

 

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