7,801 Sqft Lot
7,801 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW26187354
Construction Status Updated/Remodeled,Turnkey
HOA Y/N No
Year Built 1961
Annual Tax Amount $2,213
Lot Size 7,801 Sqft
Property Sub-Type Triplex
Property Description
*Needs to be sold with neighboring 3 plex 1763, 1765, 1767 Woodland Dr)
*This property and neighboring 4 plex
Excellent opportunity to own a professionally maintained, income-producing 3-plex that is about as close to new as you can get without buying new construction.
This property underwent an extensive down-to-the-studs renovation in 2018, with virtually every major component replaced or upgraded. Improvements included:
New electrical
New insulation and drywall
New interior and exterior paint
New HVAC systems
30-year composition roof
New cabinets and granite countertops
New tubs and bathroom finishes
New interior and exterior doors
Digital door hardware
Hardwired smoke and carbon monoxide detectors
LED recessed lighting
Ceiling fans in every room
Dual-pane Low-E windows
Faux wood blinds
Updated appliances
Tile flooring in kitchens and bathrooms
Luxury vinyl plank flooring in living areas and bedrooms
Renovated landscaping with new sprinkler piping and valves
The property also features a coin-operated laundry room with two washers and two dryers, providing an additional amenity for tenants and potential supplemental income.
Each unit includes a generously sized, private fenced rear patio, giving tenants valuable outdoor living space that is difficult to find in many multifamily properties.
The property has an established rental history with long-term tenants on revolving one-year leases, with the exception of one recently leased unit. The property has been well cared for and is occupied by reliable tenants with a strong history of paying rent on time.
The listing photos shown are from the recently available unit and were taken prior to the new tenant moving in, providing a great representation of the condition and finishes of the property.
EXTENSIVELY RENOVATED • LONG-TERM TENANTS • TURNKEY 3-PLEX THAT IS PAIRED WITH THE NEIGHBORING TURN KEY 4-PLEX
An outstanding opportunity for an investor looking for a clean, stabilized multifamily property with extensive improvements already completed and strong existing rental income.
Location
State CA
County Kings
Interior
Interior Features Ceiling Fan(s), Recessed Lighting
Heating Central, Natural Gas
Cooling Central Air
Fireplace No
Laundry Common Area
Exterior
Parking Features Off Street
Fence Wood
Pool None
Community Features Curbs, Street Lights, Suburban, Sidewalks
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Private Pool No
Building
Lot Description Level, Sprinkler System
Story 1
Entry Level One
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Construction Status Updated/Remodeled,Turnkey
Others
Senior Community No
Tax ID 011100057000
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing Cash, Conventional, FHA, USDA Loan, VA Loan
Listing Terms Cash, Conventional, FHA, USDA Loan, VA Loan
Special Listing Condition Standard
Nearby Locations
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