Sold: Jul 12, 2021
Address
800 W Murray Avenue Visalia, CA
Price
$ 625,000
Property Attributes
  • MLS#554849
  • TypeMulti-Family
  • CountyTULARE
  • CityVisalia
  • Zip93291
  • Style
  • Price$ 625,000
  • Bedrooms12
  • Full Bathrooms8
  • Half Bathrooms0
  • Sqr Footage5032
  • Lot Size8,712 SqFt
Listing Provided Courtesy Of:
Rodney H. Holt with Rodney H. Holt & Company.
Data Source:
Fresno MLS - 45 - CA
Property Description

This complex is located north of 198 and north of Main Street in Visalia. The complex is qualified for section 8 tenant of which there are 5. The beauty of this type of tenant is that the State of California is a timely rent payer. Currently there are 5 tenant who are in this program. No tenants are delinquent in their rent. This complex has a new roof as of August 2020. All but one air conditioning units has been replaced, 2 in 2020, in the last 8 years. Each apartment has a hook up for a washer and dryer. The owner provide only a range and oven. The tenants are responsible all other appliances. The cash flow as of 2019 was $19,000, before principal payments. There is a loan that can be assumed by a qualified buyer, the balance is greater than $200,000.00. If the buyer will put some upgrades into the property rents can easily be increased. The seller will consider any reasonable offer.

Price History
2/22/2021 Listed $650,000

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 93291

Price
AVG $530K
$630K

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