Description
Clean 5 unit property producing solid monthly income. In a very nice part of Hanford this property sits fully occupied. There is one 2 bedroom 2 bath unit with a 2 car garage rented for $1,350 The remaining four units are 1 bedroom and 1 bath rooms and offer a carport for covered parking and are rented for $850 x 3 & 1 unit at $950. Total Rents of $4,850 per month. Owner pays property taxes, insurance & water/garbage $200-$250 per month. 9.0% cap rate.
-
7BEDS
-
0.41ACRES
-
5BATHS
-
01/2 BATHS
-
4,416SQFT
-
$144$/SQFT
School Information
Description
Clean 5 unit property producing solid monthly income. In a very nice part of Hanford this property sits fully occupied. There is one 2 bedroom 2 bath unit with a 2 car garage rented for $1,350 The remaining four units are 1 bedroom and 1 bath rooms and offer a carport for covered parking and are rented for $850 x 3 & 1 unit at $950. Total Rents of $4,850 per month. Owner pays property taxes, insurance & water/garbage $200-$250 per month. 9.0% cap rate.
© 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: 2021-01-26T10:46:39.1.