768 Chestnut St - Apartments FOR SALE


Yuba City, CA 95991
$765,000 USD
530-844-0505
768 Chestnut St, Yuba City, CA for Sale
$765,000 USD
Apartments - FOR SALE
1/42
null | 6.7% Cap Rate

768 Chestnut St
Yuba City, CA 95991


HIGHLIGHTS

  • 100% occupied.
  • Current market rents.
  • Recently renovated.

OVERVIEW

Investment opportunity to own five (5) units in central Yuba City. Subject property consists of a 4-plex (each unit is 1 bedroom and 1 bath) that is approximately 2,286 SF and a detached 2 bedroom, 1 bath home that is approximately 576 SF. Recent updates include new composition roofing, dual pane windows, stucco repairs, updated bathrooms/kitchens, flooring, paint and much more. Most of the units benefit from their own indoor laundry. Off-street parking available. Currently the back house is rented for $1,550.00 and the 4-plex units are rented at $1,250.00 each. Property produces gross rents of $6,550.00 per month or $78,600.00 annually.

FOR SALE DETAILS

PRICE

$765,000 USD

PRICE/SF

$267 USD /SF

# OF UNITS

5

PRICE/UNIT

$153,000

CAP RATE

6.7%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1925

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

RN4

APN/PARCEL ID

52-191-005

ASK ABOUT THIS PROPERTY

Derek SandgrenValley Fair Realty CorpMore Info
530-844-0505

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Derek SandgrenValley Fair Realty CorpMore Info
530-844-0505

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.