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https://www.londonproperties.com/property/link/crmls/SC25240302/636-E-Roosevelt/Visalia/https://www.londonproperties.com/images/props/crmls/full/SC25240302.jpgLondon Properties Visalia Real Estate | 636 E Roosevelt
15 Units... Mix of Duplexes and Homes on 1 LOT....1.32-acre parcel with a total of 15 rental units, including a mix of single-family homes and duplexes. The property currently produces approx. $9,854 in monthly income with a market rent potential of +$17,000 per month. Several units are older and offer significant upside through renovations and rent increases, while one unit previously experienced fire damage and is ready for remodelan ideal value-add project for an experienced investor. The site includes an owner's garage for storage and additional open space suitable for contractor use or potential expansion, offering room to add more units.
Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Sewer Available, Sewer Connected, Water Available, Water Connected
Water Source
Public
Sewer
Public Sewer
Parking Y/N
Yes
Parking Total
31.00
Parking Features
Driveway, Asphalt
Garage Spaces
1.00
Uncovered Spaces
30.00
Lot Features
11-15 Units/Acre
Lot Size Area
57499.0000
Lot Size Units
Square Feet
Elevation Units
Feet
Road Surface Type
Alley Paved, Paved
Common Interest
Planned Development
Parcel Number
094130051000
Additional Parcels Y/N
No
Community Features
Curbs
Senior Community Y/N
No
Association Y/N
No
Tenant Pays
Electricity, Gas
Gross Income
122000.00
Operating Expense
40000.00
Land Lease Y/N
No
Insurance Expense
6500.00
Water Sewer Expense
6000.00
Trash Expense
2000.00
Professional Management Expense
1000.00
Gross Scheduled Income
122000.00
Gross Income
122000.00
Total Expenses
15500.00
Net Operating Income
72000.00
Operating Expense
40000.00
Gross Income
122000.00
Net Operating Income
72000.00
Tax Lot
5
71109
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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.
