Description
14-unit multifamily property on one 1.22-acre parcel in Visalia. The site has nine separate buildings (four homes and five duplexes), with eight 1-bed/1-bath units and six 2-bed/1-bath units. New roofs, dual pane windows, new stucco and siding, fresh paint on every unit, and several new HVAC units. Every unit has its own backyard, asphalt driveways keep grounds upkeep low. No green waste. The site also includes a garage for owner storage and a fenced, gated ±6,000 SF gravel yard with a pole shed, ready for contractor storage or to be leased out for additional income. In-place rents produce $166,680 a year. Nine units are still below market. Priced at $128,571 per unit.
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19BEDS
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1.2ACRES
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0BATHS
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01/2 BATHS
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11,050SQFT
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$163$/SQFT
School Ratings & Info
Description
14-unit multifamily property on one 1.22-acre parcel in Visalia. The site has nine separate buildings (four homes and five duplexes), with eight 1-bed/1-bath units and six 2-bed/1-bath units. New roofs, dual pane windows, new stucco and siding, fresh paint on every unit, and several new HVAC units. Every unit has its own backyard, asphalt driveways keep grounds upkeep low. No green waste. The site also includes a garage for owner storage and a fenced, gated ±6,000 SF gravel yard with a pole shed, ready for contractor storage or to be leased out for additional income. In-place rents produce $166,680 a year. Nine units are still below market. Priced at $128,571 per unit.
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