What a great investment opportunity! Apartment complexes do not come up very often and this is an apartment complex offering a private patio for each tenant with washer and dryer hookups located in each unit. Unlike most multifamily properties available as a quality "C", this apartment complex is categorized as a "B" quality property. Each unit has its own AC and separate gas meter for each unit. The roof coating and shingles are new. Unit 3 is currently vacant and has been painted with new carpet and bathroom linoleum. Unit 3 is advertised for rent at $1300 a month. There are a total of 6 units with 2 beds and one bath in each unit and they are located very close to Dinuba schools. Carport spaces are available behind the property and there is parking on the street in front of the apartments.CAP rate at 6% but has the potential for an 8% cap rate or higher.Income: $69,840Expenses: $11,000, yard service, pest control, city water and sewer, trash, and PG&E for common areas of the complex.Expenses do not include the unplanned maintenance, property taxes and insurance.Rents are not at market value and have the potential to reach market value at $1300 each unit. Rent roll is in agent remarksFigures are projected.
Investment property for sale in a nice area of Dinuba. There are 6 income producing units on a lot that has room for more. One unit is a 3 bedroom, 2 bath. There are 4 units that are 2 bedroom, 1 bath and one unit is a 1 bedroom, 1 bath. All units have separate utilities. Property has some deferred maintenance.
Seller's Credit available with acceptable offer. Call for additional information. RESIDENTIAL INCOME PROPERTY!!! conveniently located in the Heart of Downtown Dinuba! 14 BEDROOMS and 7 BATHROOMS. A Must See! INVESTOR'S DELIGHT. This 2 story home features 4486 sf of living space sits on a huge 9375-sf lot. Are you thinking of owning your own rental property business? Or are you a savvy investor? With low inventories on rental properties this is your chance to own a potential profitable rental income. This is your moment...don't let anyone else steal your opportunity! Property needs your personal touch. 'Sold As-Is' Call to make an appointment or contact your favorite realtor.
Looking for an income producing property for your investment future? This multi-family fully occupied 7-unit apartment complex is just steps away from prime locations such as shopping, doctors offices, salons, parks and over a dozen restaurants! Extra Large Community Laundry room plus a *BONUS space to possibly convert to an on site gym room for tenants or an office space for the owner!! Run the numbers to see if this one works for you and start planning for your future!
Dinuba is located in California. Dinuba, California has a population of 23,712. Dinuba is more family-centric than the surrounding county with 37.53% of the households containing married families with children. The county average for households married with children is 37.07%.
The median household income in Dinuba, California is $40,329. The median household income for the surrounding county is $44,871 compared to the national median of $57,652. The median age of people living in Dinuba is 28 years.
The average high temperature in July is 94.1 degrees, with an average low temperature in January of 38.7 degrees. The average rainfall is approximately 16.1 inches per year, with 0.1 inches of snow per year.
