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https://www.londonproperties.com/property/link/kings/233929/404-Central-Ave/Hanford/https://www.londonproperties.com/images/props/kings/full/233929.jpgLondon Properties Hanford Real Estate | 404 Central Ave
404 Central Ave is a 10-unit multifamily property. The building consists entirely of one bedroom, one-bathroom units. The owner is responsible for water, sewer, and trash, while residents pay for their own electricity. Situated near the center of Hanford, the location provides residents with convenient walkability to downtown amenities. The property is being offered at a 6.72% cap rate, providing a strong income foundation from day one. With current rents positioned below market value, this asset offers a straightforward low-maintenance operation with clear upside potential.
Property Type
Multi-Family
Property Subtype 1
Apartment
Layout
One Building
Year Built
1960
Stories
2
Price Per Square Foot
$264
Price Per Acre
$7,488,087
Cumulative Days On London
0
County
Kings
Directions
Located on the north side of central street
Roof
Asphalt
Exterior
Stucco
Pool Private Y/N
No
Parking
1 Space Per Unit
APN Number
010 243 017 000
Zoning
RM3
Association
Kings County Multiple Listing Service
Tenant Pays
Electricity
Source of Rental Information
Property Manager
Income Includes
Rent Monthly
Expenses
Insurance, Trash, Utilities
Lease Type
Net
Gross Scheduled Income (GSI)
9750.00
Gross Scheduled Income
Yes
71109
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0
Courtesy of Jaime Martinez, Hoekstra & Associates 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.
