$1,225,000
$1,250,000
2.0%For more information regarding the value of a property, please contact us for a free consultation.
0.26 Acres Lot
SOLD DATE : 02/22/2021
Key Details
Sold Price $1,225,000
Property Type Multi-Family
Sub Type 5 or More Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 20031379
Sold Date 02/22/21
HOA Y/N No
Originating Board MLS Metrolist
Year Built 1984
Lot Size 0.257 Acres
Acres 0.2571
Property Description
Nice 12 Plex Town home Complex in Chowchilla, Ca. P Property is 100% occupied with a waiting list whenever a unit goes vacant. Property consist of 2 legal parcels with 3 duplex's on each parcel for a total of 6 duplex's or 12 units. There are 8 - 2 bed 1 bath units and 4 - 3 bed 1.5 bath units in the complex with Onsite Laundry as well. The property is in Madera County and Close to Hwy 99. UC Merced is about 20 min North and Fresno State is about 30 min South. All Units are Occupied.. 7.33% Cap Rate.. Seller will consider Short Term 2-4 years Owner Financing with 50% down..
Location
State CA
County Madera
Area 23001
Direction Corner of Kings Ave & First
Interior
Heating Central
Cooling Ceiling Fan(s), Central
Flooring Carpet, Tile, Linoleum/Vinyl
Equipment None
Window Features Dual Pane Full
Appliance Free Standing Electric Oven
Exterior
Garage Carport, 1 Space Per Unit
Amenities Available None
View City
Roof Type Composition
Building
Story 2
Schools
Elementary Schools Other
Middle Schools Other
High Schools Other
School District Madera
Others
Senior Community No
Tax ID 001-133-007
Special Listing Condition None
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Bought with Non-MLS Office
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Realtors | Lic# 01985645