This 15-unit apartment complex consists of 8 studio units, 6 two-bedroom units, & 1 three-bedroom unit. Each unit offers complete main level living with private laundry hook ups. There are 23 off street parking spots, including 7 covered spots. Every unit has its own heating / air conditioner with independent thermostats. Zero scaped means no grass cutting or lawn maintenance. With a metal roof & siding it is practically maintenance free. There is no zoning for this property. Located right next to city hall, across from the library, & in the heart of California. There is 170 ft of road frontage that serves as additional parking. What was once the old hardware store constructed of concrete block is now ready to be added to your investment portfolio. Net Operating Income of $101,940.
* This payment calculator is intended for educational and planning purposes only. ** Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.