Prime Investment: 18-Unit Multifamily Property with Expansion Potential Secure a steady cash flow with this turnkey 18-unit multifamily investment, currently fully occupied. Current gross rent is $22,784. This offering comprises a 3 bed/1 bath and 2 bed/1 bath duplex, plus four 4-unit buildings, each featuring 2 bed/1 bath layouts. Capitalize on the spacious 1.45-acre lot, with room to potentially expand, boosting your ROI. Recent updates include new roofs, ensuring low maintenance. Tenants enjoy individual hot water heaters and separate gas/electric metering. Ample parking and a desirable single-story design complete this lucrative opportunity.
Linda is located in California. Linda, California has a population of 23,304. Linda is more family-centric than the surrounding county with 42% of the households containing married families with children. The county average for households married with children is 35.94%.
The median household income in Linda, California is $53,571. The median household income for the surrounding county is $62,666 compared to the national median of $69,021. The median age of people living in Linda is 29.4 years.
The average high temperature in July is 95.2 degrees, with an average low temperature in January of 38.3 degrees. The average rainfall is approximately 21.6 inches per year, with 0.1 inches of snow per year.
