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Melson Realty, Inc.
444 N Prospect St, Ste B
Porterville, CA 93257
Phone: 559-788-2222
Email: mail@melsonrealty.com

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Listing 12 out of 40
Sold for $1,400,000 Sold

310 N Orange Avenue
Exeter, CA 93221

20 units | Multi Family Home - MLS# 143595
Property Photo

Sold

Sold for $1,400,000 on May 6, 2019

Description

Exclusively available is this garden-style multifamily asset located in the heart of Exeter within walking distance of local amenities, public transportation and groceries. Apartments consist of 20 units, 16 units feature two bedrooms and one bathroom in addition to 4 units with a one bedroom and one bathroom. All of the apartments are generous in size and feature tile flooring throughout and central heat/ air conditioning. The property is professionally managed and has a historically low vacancy rate. This is a true value-add opportunity with significant upside. Rents are below market and has the potential to achieve far higher returns.

Features

  • Property Type: Multi Family Home
  • Sub Type: 5+ Units
  • Listing Status: Sold
  • Listing Price: $1,495,000
  • County/Area: Tulare County
  • Zip Code: 93221
  • Year Built: 1972
  • Sq.Ft.: 17,664 sq ft
  • Stories: 2
  • Units: 20 units
  • # of Carports: 20.00
  • # of Units Vacant: 2
  • Association: Tulare County Multiple Listing Service
  • Available Date: 1800-01-01
  • Cooling: Central
  • Dollar Per Unit: 80000.00
  • Flooring: Ceramic Tile
  • Gross Sched. Inc.: 156480.00
  • Income Includes: Rent Only
  • Laundry Features: Coin Operated
  • Lot Measurement: SqFt
  • Lot Size Source: (Public Records)
  • Lot Square Footage: 31799.00
  • Roofing: Composition
  • Sewer: Public Sewer
  • Utilities: Cable TV,Electricity Available,Natural Gas Available,Phone Available
  • Water: Public
  • Sold Price: 1400000.00
  • Sold Date: 2019-05-06 00:00:00
Courtesy of Ds Realty, Darcy R Staberg

house realtor mls

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