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Cynthia Chakurian-Lum
Cynthia Chakurian-Lum Realtor

CALBRE#01329008
Guarantee Real Estate
559-287-8973
Contact Me

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$450,000 For Sale

240 E Hanford Armona Road #A-E
Hanford, CA 93230

5 units | Multi Family Home
0.98 acres - MLS# 521685
Property Photo
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Description

Great opportunity to own a fully occupied 5-plex (apartment). Over 9% CAP!!! Current rents are above market rent survey, at $750 a door. 1/1 split with newer windows and interior updating. Lower maintenance that translates to greater profit for the new owner. Corner lot is vacant and has possibility for future development. Minutes drive to nationally recognized shopping stores, and easy on/off access to HWY 198.

Features

  • Additional Parking: Uncovered
  • Annual Expense: 4000.00
  • Annual Income: 45000.00
  • Baths: 5
  • Bedrooms: 5
  • County/Area: Kings County
  • Elementary School: Lincoln
  • Estimated Selling Date: 1800-01-01
  • Expenses Include: Management, Gardener, Maintenence/Repair, Insurance, Accounting/Legal
  • Exterior: Stucco
  • Foundation: Concrete Perimeter
  • Full Baths: 5
  • Gas & Electric: Public Utilities
  • Heat/Cool: Central Heat/Cool
  • High School: Hanford West
  • Income Includes: Unit Rent
  • Listing Status: Active
  • Lot Measurement: SqFt
  • Lot Size: 0.9800
  • Lot Size Source: (Tax Records)
  • Lot Square Footage: 42700.00
  • Middle School: Woodrow Wilson
  • Net Income: 41000.00
  • Property Type: Multi Family Home
  • Region: Urban
  • Roofing: Wood
  • School District: Hanford Schools
  • Sewer/Water: Public Water
  • Sources of Inc/Exp: Owner
  • Sq.Ft.: 2520
  • Square Footage Source: Tax Records
  • Stories: One
  • Sub Type: 5 to 15 Units
  • Tenant Pays: Electricity, Gas, Sewer
  • Units: 5
  • Year Built: 1962
  • Zip Code: 93230


Cynthia Chakurian-Lum Realtor | 559-287-8973 | Contact Me
CALBRE# 01329008
3 River Park Plc East - Fresno, CA 93720
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