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$ 799,000
Est. payment /mo
New
25250 Rd 216 Lindsay, CA 93247
13 Beds
8 Baths
5,556 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,556 sqft
Price per Sqft $143
MLS Listing ID 237008
Bedrooms 13
Year Built 2008
Lot Size 1.541 Acres
Property Sub-Type Multi Family
Property Description
5 Homes on three separate parcels with a combined lot size of more than 1.54 Acres. The property includes two modern 3-bedroom, 2-bath homes built in 2008, each offering nearly 1,300 square feet of living space, along with three older homes built between 1960 and 1970 ranging from 875 to 1,216 square feet. All five homes are fully rented with long-term tenants, many in place for over ten years, generating a strong gross monthly income of $5,550. Utilities are structured with tenants paying for electricity and trash, while the owner covers water and sewer. Beyond the consistent cash flow, the property offers significant upside with room to expand and the potential to add more units. This is a turn-key rental package that combines stability and income.
Location
State CA
County Tulare
Interior
Heating Floor Furnace, Natural Gas, Wall Furnace
Cooling Electric, Evaporative Cooling, Wall/Window Unit(s)
Exterior
Utilities Available Electricity Connected, Sewer Connected, Water Connected
View Y/N N
Roof Type Composition
Building
Story 1
Sewer Public Sewer
Listed by Franklin J Romine • The Equity Group