116 W Race Avenue

    Visalia, CA 93291
    • $505,000
    • STATUS: Closed
    • ON SITE: 137 days
    • ID#: IN18157735
    Sold - 07/30/2018
    $505,000
    SOLD - 07/30/2018
    • 0
      BEDS
    • 0.28
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 7,492
      SQFT
    • $0
      $/SQFT
    Type:
    Multi-Family
    Built:
    1971
    County:
    Tulare

    School Ratings & Info

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    Description

    GREAT INCOME PRODUCING PROPERTY WITH UPSIDE POTENTIAL IN RENTS. A NEW ROOF WAS INSTALLED 1 YEAR AGO. THIS PROPERTY CONSIST OF TWO 4 UNIT COMPLEXES, CONSISTING OF FOUR 3 BEDROOM 1.5 BATHS AND FOUR 2 BEDROOM 1.5 BATHS. ALL UNITS HAVE INDIVIDUAL A/C AND WASHER/DRYER HOOK UPS, WITH A TWO STORY TOWN HOUSE LAY OUT, AND PRIVATE OUTSIDE AREA. EIGHT PARKING SPACES IN CARPORT WITH STORAGE AREA AND AMPLE ADDITIONAL STREET PARKING. * GREAT CASH COW*

    Sold by General Nonmember of Crmls.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-17T09:31:14.93. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.playavistaliving.com/homes/85236609

    116 W Race Avenue Visalia, CA 93291

    • Price: $595,000
    • Status: Closed
    • Updated: 11 min ago
    • ID#: IN18157735
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.28
    Acres
    7,492
    SQFT
    $0
    $/SQFT
    1971
    Built
    County:
    Tulare
    Property Description
    GREAT INCOME PRODUCING PROPERTY WITH UPSIDE POTENTIAL IN RENTS. A NEW ROOF WAS INSTALLED 1 YEAR AGO. THIS PROPERTY CONSIST OF TWO 4 UNIT COMPLEXES, CONSISTING OF FOUR 3 BEDROOM 1.5 BATHS AND FOUR 2 BEDROOM 1.5 BATHS. ALL UNITS HAVE INDIVIDUAL A/C AND WASHER/DRYER HOOK UPS, WITH A TWO STORY TOWN HOUSE LAY OUT, AND PRIVATE OUTSIDE AREA. EIGHT PARKING SPACES IN CARPORT WITH STORAGE AREA AND AMPLE ADDITIONAL STREET PARKING. * GREAT CASH COW*
    Exterior Features

    Architectural Style Bungalow Fence YN Yes Fencing Wood Foundation Details Slab Garage Spaces 8.00 Lot Features Lot 10000-19999 Sqft Lot Size Source Assessor Lot Size Units Square Feet Other Structures Storage Parking Features Carport Attached Parking Total 8.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Road Surface Type Paved Roof CompositionShingle Spa Features None Spa YN No View None View YN No

    Interior Features

    Appliances Gas Oven Appliances YN Yes Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area 836 Average2 Bed Area Units Square Feet Average3 Bed Area 1036 Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Cooling Wall Window Cooling YN Yes Flooring CarpetVinyl Heating Wall Heater Heating YN Yes Laundry Features Inside Levels Two Room Type All Bedrooms Up

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Cap Rate 7.90 Community Features SidewalksStreet LightingUrban Country Us Electric Expense 528.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 0.00 Gross Operating Income 70740.00 Gross Scheduled Income 70740.00 Insurance Expense 1780.00 Land Lease YN No Laundry YN Yes Net Operating Income 47300.00 New Taxes Expense 1350.00 Number Of Separate Electric Meters 9 Number Of Separate Gas Meters 8 Number Of Separate Water Meters 2 Number With Range 8 Operating Expense 23440.00 Pest Control Expense 900.00 Professional Management Expense 5658.00 Property Condition Repairs Cosmetic Rent Control YN No Senior Community YN No Special Listing Conditions Standard Total Expenses 22780.00 Trash Expense 6132.00 Utilities Cable AvailableWater Connected Water Sewer Expense 2400.00 Water Source Public Year Built Source Assessor Zoning Cdt

    Listing provided courtesy of Darrell Woods of Berkshire Hathaway Home Servic.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-17T09:31:14.93. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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