5638 N Gledhill AVE Active Save Request In-Person Tour Request Virtual Tour
Olivehurst,CA 95961
Key Details
Property Type Multi-Family
Sub Type 5 or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 4,680 sqft
Price per Sqft $286
MLS Listing ID 225010075
Year Built 1992
Lot Size 0.399 Acres
Property Sub-Type 5 or More Units
Property Description
Bargain Pricing! Incredible Performing Asset! Opportunity to secure a fresh start, featuring 15 units in a shared Community Complex, that is easy on your pocket book! PERMITTED USE CHANGE,I.E.,FROM A CHURCH TO A MULTI-UNIT APARTMENT COMPLEX Note: Subject Property has Fire Suppression and Fire Alarm Central Systems, coupled with 15 on-site individual Parking Spaces, which include two Disability Parking Spaces. Note:****** According to Seller, Subject Property has 13 Units occupied at this time, i.e., with only 1 vacancy, which is pending an Executed Rental/Lease Agreement and one remaining unit that is in possession of an onsite maintenance person, in exchange for no rent. Furthermore, at this time, only 4 units are Month-To-Month, with the remaining APARTMENTS on Minimum 6 Month Leases. GREAT FINANCIAL OPPORTUNITY! Close to shopping, i.e., Wal-Mart, Costco, Restaurants, Fast Food Facilities, Service Stations, etc., coupled with an easy-minutes commute to Marysville & Yuba City. ****Note: 14 additional Complex Apartment Units are available in Marysville, CA For $735,000.00, reference MLS#224091779, Note: Fantastic Opportunity To Acquire 2 Performing Asset Properties, for a total of 29 units, for only $2,074,990.00 + Closing Costs.
Location
State CA
County Yuba
Area 12409
Interior
Heating Central,Varies by Unit
Cooling Central,None
Flooring Tile,Laminate,Vinyl,Varies by Unit
Laundry Coin Operated,In Common Area,Washer/Dryer Owned,Washer/Dryer Hookups
Exterior
Parking Features Attached,Off Street,Open,Detached,Street,Uncovered
Utilities Available Internet Available
Building
Lot Description Corner,Shape Regular,Landscape Front
Story 1
Foundation Concrete, Slab
Sewer Public Sewer
Water Public
Schools
Elementary Schools Marysville Joint
Middle Schools Marysville Joint
High Schools Marysville Joint
School District Yuba
Others
Special Listing Condition Offer As Is,None