Description
Great opportunity with 1.43 Acres in the City Limits. The front half is zoned PA(Professional Admin) and the back half R-1-6. Subject property fronts on Houston Ave for the PA zoned portion and the back half fronts on E. Harold Ave for the R 1-6 portion of property. Buyer to check with City of Visalia with possible lot split. Unit 1, Rents for $650 p/mo 1700+/-sq.ft 2/2 with living room converted to 3 bedroom with no closet, Central HVAC. Unit 2, Rents for $625 p/mo 740+/- sq.ft 2/1 with nice kitchen, living room with fireplace, Central HVAC. Unit 3, Rents $700 p/mo 1,216+/- sq.ft , Wall AC with Wall Heater and indoor laundry. Unit 4, Rents $700 p/mo 700 sq.ft, 2/1 with Wall AC and Wall heater, Roof is 2 years old. 1 master Water meter and 1 Gas meter. Tenants pay electricity bills which are separately metered. Market rents are grossly under market and this 1.43 Acres is a diamond In the rough with a lot of upside potential.
-
8BEDS
-
1.43ACRES
-
0BATHS
-
01/2 BATHS
-
4,306SQFT
-
$113$/SQFT
School Ratings & Info
Description
Great opportunity with 1.43 Acres in the City Limits. The front half is zoned PA(Professional Admin) and the back half R-1-6. Subject property fronts on Houston Ave for the PA zoned portion and the back half fronts on E. Harold Ave for the R 1-6 portion of property. Buyer to check with City of Visalia with possible lot split. Unit 1, Rents for $650 p/mo 1700+/-sq.ft 2/2 with living room converted to 3 bedroom with no closet, Central HVAC. Unit 2, Rents for $625 p/mo 740+/- sq.ft 2/1 with nice kitchen, living room with fireplace, Central HVAC. Unit 3, Rents $700 p/mo 1,216+/- sq.ft , Wall AC with Wall Heater and indoor laundry. Unit 4, Rents $700 p/mo 700 sq.ft, 2/1 with Wall AC and Wall heater, Roof is 2 years old. 1 master Water meter and 1 Gas meter. Tenants pay electricity bills which are separately metered. Market rents are grossly under market and this 1.43 Acres is a diamond In the rough with a lot of upside potential.
© 2022 Tulare County Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from TCMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Jillian Bos Team | Keller Williams Realty. Data last updated: 2022-08-19T00:16:21.4.