Investor's Dream! Incredible potential long term Owner Financing, with a minimun Down Payment of 40% of the Purchase Price + Closing Costs, subject to Buyer's qualifications, and Seller's successful/completed 1031 Exchange!!! Great Value!!! Performing Asset!!! Opportunity to secure a fresh start, featuring 15 units in a shared Community Complex, that is easy on your wallet/finances. FINALED ON 10/29/2024, i.e., PERMITTED USE CHANGE FROM A CHURCH TO A MULTI-UNIT 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 easy commutes to Lincoln, Roseville, Sacramento Marysville, and Yuba City.
Active
$1,264,990
5638 N Gledhill Ave, Olivehurst, CA 95961
15beds
0baths
4,680sqft
Est.:
5 or More Units
Built in 1992
-- sqft lot
$1,231,700 Zestimate®
$270/sqft
$-- HOA
What's special
- 250 days |
- 124 |
- 6 |
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