$1,225,000
$1,250,000
2.0%For more information regarding the value of a property, please contact us for a free consultation.
0.57 Acres Lot
SOLD DATE : 08/18/2020
Key Details
Sold Price $1,225,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID MC20025671
Sold Date 08/18/20
HOA Y/N No
Year Built 1982
Lot Size 0.574 Acres
Property Description
Nice 12 Plex Town home Complex in Chowchilla, Ca. Property has recently had deferred maintenance addressed and is in the process of installing last two roofs. 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.. 6.25% Cap Rate
Location
State CA
County Madera
Interior
Heating Central
Cooling Central Air
Fireplace No
Laundry Common Area
Exterior
Carport Spaces 27
Pool None
Community Features Sidewalks
Total Parking Spaces 27
Private Pool No
Building
Lot Description 11-15 Units/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Private
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 001133008
Acceptable Financing Cash, Conventional, Contract
Listing Terms Cash, Conventional, Contract
Financing Conventional
Special Listing Condition Standard
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Bought with Christopher Colston • Powerhouse Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
880 Roosevelt Suite 250, Irvine, California, 92620, United States