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    800 W Murray Avenue

    Visalia, CA 93291
    • $650,000
    • STATUS: Active
    • ON SITE: 4 days
    • ID#: 554849
    New On Site 4 Days Ago
    UPDATED: 58 min ago
    $650,000
    • 12
      BEDS
    • 0.2
      ACRES
    • 8
      BATHS
    • 0
      1/2 BATHS
    • 5,032
      SQFT
    • $129
      $/SQFT
    Neighborhood:
    348
    Type:
    Multi-Family
    Built:
    1978
    County:
    Area:
    348

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:

    Description

    This complex is located north of 198 and north of Main Street in Visalia. The complex is qualified for section 8 tenant of which there are 5. The beauty of this type of tenant is that the State of California is a timely rent payer. Currently there are 5 tenant who are in this program. No tenants are delinquent in their rent. This complex has a new roof as of August 2020. All but one air conditioning units has been replaced, 2 in 2020, in the last 8 years. Each apartment has a hook up for a washer and dryer. The owner provide only a range and oven. The tenants are responsible all other appliances. The cash flow as of 2019 was $19,000, before principal payments. There is a loan that can be assumed by a qualified buyer, the balance is greater than $200,000.00. If the buyer will put some upgrades into the property rents can easily be increased. The seller will consider any reasonable offer.

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    © 2021 Fresno Multiple Listing Service, Inc. 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. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Data last updated: 2021-02-27T12:46:41.763.
    www.yourfresnorealty.com/homes/114419108
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    800 W Murray Avenue Visalia, CA 93291

    • Price: $650,000
    • Status: Active
    • Updated: 58 min ago
    • ID#: 554849
    12
    Beds
    8
    Baths
    0
    ½ Baths
    0.2
    Acres
    5,032
    SQFT
    $129
    $/SQFT
    1978
    Built
    Neighborhood:
    348
    County:
    Tulare
    Area:
    348
    Elementary School:
    Goshen
    Middle School:
    Divisidero
    High School:
    Redwood
    School District:
    Visalia Schools
    Property Description
    This complex is located north of 198 and north of Main Street in Visalia. The complex is qualified for section 8 tenant of which there are 5. The beauty of this type of tenant is that the State of California is a timely rent payer. Currently there are 5 tenant who are in this program. No tenants are delinquent in their rent. This complex has a new roof as of August 2020. All but one air conditioning units has been replaced, 2 in 2020, in the last 8 years. Each apartment has a hook up for a washer and dryer. The owner provide only a range and oven. The tenants are responsible all other appliances. The cash flow as of 2019 was $19,000, before principal payments. There is a loan that can be assumed by a qualified buyer, the balance is greater than $200,000.00. If the buyer will put some upgrades into the property rents can easily be increased. The seller will consider any reasonable offer.
    Exterior Features

    Exterior Stucco Parking Carport Region Urban Roofing Tar & Gravel Site Amenities Corner Yard Sprinkler - Front

    Interior Features

    Fireplace None Floor Concrete Perimeter Heating And Cooling Central Heat/Cool Stories Two Stove One Unit

    Property Features

    Annual Expense 45795.00 Annual Income 56388.00 Cross Street Address N. Stevenson Documents Available Roof InspectionFloor PlanLegal DescriptionLeasesProfit & LossCash Flow Analysis Expenses Include AllGardenerMaintenence/RepairInsuranceAccounting/LegalLicense/AdsElectricWaterSewerTaxesVacancy Factor First Loan Type Assumable Gas And Electric Public Utilities Income Includes Unit Rent Lease Type Net Lot Measurement Sqft Lot Size Source (Tax Records) Net Income 10593.00 Property Subtype1 5 To 15 Units Reo Or Bank Owned No Sale Options Total Parcel Only Sewer Water Public WaterPublic Sewer Square Footage Source Tax Records Tenant Pays ElectricityGasCable Tv Terms Cash Transaction Type Sale Unique Conditions 1031 Exchange

    Listing provided courtesy of Rodney Holt of Rodney H. Holt & Company.


    © 2021 Fresno Multiple Listing Service, Inc. 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. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Data last updated: 2021-02-27T12:46:41.763.
     
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