411 E 10th St

    Hanford, CA 93230
    • $849,000
    • STATUS: Active
    • ON SITE: 66 days
    • ID#: ML81742660
    UPDATED: 76 min ago
    $849,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 8,500
      SQFT
    • $100
      $/SQFT
    Type:
    Multi-Family
    Built:
    1904
    County:

    School Ratings & Info

    Description

    Nice property in Hanford; 5 separate buildings. Total 12 units including a Victorian Triplex. (duplex in back was built in approx. 1972) All 1 bed, 1baths, All in the downtown area of Hanford. Included is a Victorian Triplex, 3 duplexes, and one other triplex. 4 of 5 buildings have newer roofs including the 2000 Sq Ft.Victorian. The 1 duplex roof still has many years left. Much has been remodeled, some long-term renters. Most units are well below market value yet currently nets aprox 7% to 8% cap rate room for much more. What's great about these units is they rent quick as 8 of 12 of the units are single level with no stairs. This property sits on two separate parcels and can be bought or sold separately. I may consider selling 1 parcel at time depending on price and terms.

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    © 2019 MLSListings Inc. Based on information from MLSListings MLS as of 2019-05-20T13:49:03.437. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. DX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Strock Real Estate.

    Licensed in the State of California.
    www.strockrealestate.com/homes/92703457

    411 E 10th St Hanford, CA 93230

    • Price: $849,000
    • Status: Active
    • Updated: 76 min ago
    • ID#: ML81742660
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    8,500
    SQFT
    $100
    $/SQFT
    1904
    Built
    County:
    Kings
    Property Description
    Nice property in Hanford; 5 separate buildings. Total 12 units including a Victorian Triplex. (duplex in back was built in approx. 1972) All 1 bed, 1baths, All in the downtown area of Hanford. Included is a Victorian Triplex, 3 duplexes, and one other triplex. 4 of 5 buildings have newer roofs including the 2000 Sq Ft.Victorian. The 1 duplex roof still has many years left. Much has been remodeled, some long-term renters. Most units are well below market value yet currently nets aprox 7% to 8% cap rate room for much more. What's great about these units is they rent quick as 8 of 12 of the units are single level with no stairs. This property sits on two separate parcels and can be bought or sold separately. I may consider selling 1 parcel at time depending on price and terms.
    Exterior Features

    Construction Type ConcreteWood Foundation Concrete Perimeter And SlabRaisedUnreinforced MasonryNone Garage Parking Common Parking Area Number Of Buildings 5 Pool YN No Roof Composition Units In Complex Min 12

    Interior Features

    Beds Unit1 12 Cooling Window / Wall Unit Flooring CarpetLaminateVinyl / Linoleum Heating Wall Furnace Kitchen Features Appliances - Vary By Unit Laundry None Sq Ft Unit1 700 Structure Sq Ft 8500

    Property Features

    Accessibility Features None Additional Listing Info Not Applicable Amenities None City Limits Yes City Name Hanford Hoa YN No Lot Size Area Maximum 11250.00 Meters Separate Common Area Rent Unit1 475 Restrictions None Security Features None Sewer Septic Sewer - Public Sq Ft Source Other Utilities Public Utilities Water Public Zoning Muliti Use

    © 2019 MLSListings Inc. All rights reserved. Listing provided courtesy of Mark Daoud of Century 21 Showcase Realtors.


    © 2019 MLSListings Inc. Based on information from MLSListings MLS as of 2019-05-20T13:49:03.437. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. DX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Strock Real Estate.

    Licensed in the State of California.
     
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