NOT LISTED FOR SALE
8 Beds
8 Baths
3,468 Sq Ft
9,583 Sq Ft Lot

Last Sold September 01, 2021

Last sale price $765,000 $221 Per Sq Ft

3 Days on Market

About This Home

As of September 2021

GREAT INVESTMENT OPPORTUNITY to own 6 DESIRABLE townhouses in two buildings!! Each sought-after unit has 2 beds, 1.5 baths!! All the tenants are month-to-month and would LOVE to stay!! Same owner for the last 30+ years, these units have been WELL-MAINTAINED!! Newer foam roof, central heat & air, shared LAUNDRY on premises--which is a HUGE value add to the tenants. IMPRESSIVE cap rate and cash-on-cash return with minimum down payment. Start putting your money to work TODAY!!!

Last Agent to Sell the Property

Seth Reardon

eXp Realty of California, Inc License #02024742 Listed on: 07/29/2021

eXp Realty of California, Inc

Last Buyer's Agent

Seth Reardon

eXp Realty of California, Inc License #02024742 Listed on: 07/29/2021

eXp Realty of California, Inc

Townhouse Details

Home Type

  • Townhome

Year Built

  • 1970

Lot Details

  • 9,583

Townhouse Details

Home Type

Townhome

Year Built

1970

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: Townhouses
  • Property Sub Type: 5 or More Units
  • Number of Two Bedroom Units: 6
  • CapRate: 6.00
  • Directions: Head North on Hwy 70 and turn left on 6th and head east. Continue on 6th street until you reach G Street and turn right on G street. Head North on G street for one block and then turn left on 7th. Subject property will be 2nd on the left.
  • Building Stories: 2
  • Special Features: None
  • Stories: 2
  • Year Built: 1970

Interior Features

  • Appliances: Free Standing Gas Oven, Free Standing Gas Range, Dishwasher
  • Price Per Square Foot: 133.93
  • Flooring: Carpet, Vinyl, Varies by Unit
  • Number Of Buildings: 2
  • Stories: 2

Exterior Features

  • Roof: Foam
  • Foundation Details: Slab
  • Property Condition: Updated/Remodeled, Varies by Unit
  • Construction Type: Concrete, Stone, Stucco, Wood
  • Lot Features: Corner, Sidewalk

Garage/Parking

  • Parking Features: Open
  • Total Parking Spaces: 13

Utilities

  • Cooling: Central
  • Heating: Central
  • Utilities Expenses: 9594
  • Laundry Features: In Common Area, Washer/Dryer Owned
  • Security: Fire Alarm
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected, City, Internet Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Marysville Joint

Lot Info

  • Lot Size Sq Ft: 9584
  • Zoning Description: R-3

Rental Info

  • Lease Term: Month To Month

Tax Info

  • Bonds/Assessments/Taxes: Unknown
  • Tax Annual Amount: 2530

Multi Family

  • Two Bedrooms Occupied: 6
  • Annual Gross Income: 61920
  • Income Includes: Rent Only
  • Insurance Expense: 3000
  • Maintenance Expense: 3096
  • Number Of Units Leased: 6
  • Number of Month to Month Units: 6
  • Number Of Units Total: 6

MLS Schools

  • School District (County): Yuba

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2021 09/01/21 Sold $765,000 +5.5% $221 / Sq Ft
08/01/2021 08/01/21 Pending -- -- --
07/29/2021 07/29/21 For Sale $725,000 -- $209 / Sq Ft
Source: MetroList

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 221092710

MetroList