🔥 425k 5 Unit MULTIFAMILY 600k ARV in Porterville 🔥

Tulare County, Porterville, CA, 93257
Sold
Listed at: March 8th, 2024
Price
$425,000
ARV
$600,000
Gross Margin
$175,000
Sq. Footage
1000
Type
Multifamily
Parking
Detached Garage
Year build
1980
Lot size
9020.00 sqft
Bedrooms
2
Bathrooms
1
Half Bathrooms
1
Summary

5 Units

Units 1, 2, and 3 are 2 bedrooms, 1.5 baths.

Units 4 and 5 are 1 bedroom, 1 bath.

#1 - $610 with a $25 dispensation for cleaning laundry room, renews 4/30/24

#2 - $800, 9/21/24

#3 - $700 starts 4/1/24

#4 - Just vacated. Advertised $775

#5 - $750 month-to-month

***Please read ALL conditions carefully before proceeding with an offer OR requesting access***

-Property to be sold in “as-is” condition. 

-Buyer to close escrow by 4/8/2024 or sooner.

-Cash or Hard money purchase ONLY. If using hard money MUST specify. No additional walk-throughs will be provided for hard money lenders.

-Buyer to pay all closing costs (both buyer and seller).

-All offers require a $10,000 non-refundable earnest money deposit due within 24 hours upon acceptance.

-Agents, if you are representing a buyer please add your fee/commission on top of the purchase price.

DO NOT CONTACT SELLER.

 

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Ryan Lyle

★★★★★
★★★★★
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