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1040 S Edison Street, Visalia, CA

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1040 S Edison Street

Visalia, CA 93292-3625 - Central Visalia MF Submarket


Property Type:Multi-Family Number of Units:4 Status:Existing Year Built:1979
Stories:2 Building Size:4,140 SF Land Area:.33 AC (14,375 SF)
For Sale Price:$549,000 Price/Unit:$137,250.00 Cap Rate:7.52 % GRM:-

Parking:-



Sale Notes:
100% occupied Two Duplex's (4-units) of two-story Multi-Family Apartment housing on .33 Acres of land. Property consists of four buildings for a total of 4140 square feet.

Property has (4) two-bedroom/two-bathroom units that are approximately 779-square feet each with a 256 square feet garage per unit. Each unit is separately metered for gas and electricity and has interior laundry. All units are recently remodeled with new carpet, granite counter tops, stainless steel appliances, and additional upgrades. Tenant pay their own utility & hot water, separate gas & electric meter.

The apartments are located in a very strong rental market. The immediate neighborhood is quiet and primarily single family residential. There is a neighborhood park 2 parcels to the north. The units are spacious. There is lighted secured parking and exterior lighting throughout the community. The property is within a few blocks of elementary schools and excellent Shopping.

KW Commercial
Jared Ennis
(559) 302-8698

Kevin Land
(559) 359-4035




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