Corcoran 4-PLEX offers immediate cash flow with room to add value. Two units are currently occupied, and two are vacant-giving you instant income plus the flexibility to renovate or move into a unit yourself. Property needs some work, but it's priced right for a buyer who wants to add sweat equity and raise rents over time. The setup includes four total units across two buildings: three 1-bed/1-bath units and one 2-bed/1-bath unit, with an estimated 3,000 sq ft of living space on a 7,742 sq ft lot. The property also has a 2-car garage and convenient access to Hwy 43. A strong opportunity for investors or owner-occupants looking for an affordable value-add property.
Property Type
Residential Income
Property Sub-Type
Quadruplex
Year Built
1948
Year Built Source
Assessor
Days On Market
14
Cumulative Days On Market
14
County
Kings
New Construction
No
Number of Units
4
Stories
2
Directions to Property
Patterson Corner of Norboe Ave.
Roof
Composition
Heating
Central, Natural Gas
Cooling
Ceiling Fan(s), Central Air, Wall/Window Unit(s)
Laundry Features
In Garage, Inside
Bathrooms Total (Integer)
4
Full Baths
4.0
Private Pool
No
Utilities
Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Water Source
Public
Sewer
Public Sewer
Garage
Yes
# of Garage Spaces
2.0
APN
030 062 001 00
Lot Dimensions
1x1
Additional Parcels Y/N
No
HOA
No
Income Includes
Rent Only
Owner Pays
Water, Trash Collection
Tenant Pays
Electricity, Gas
71109
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Courtesy of Franklin Romine, The Equity Group
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