312 Roschelle, Santa Maria, CA 93458

$1,150,000

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List Price
$1,150,000
Status
ACTIVE
MLS#
PI26164691
Year Built
1963
Lot Size
6,970
Acres
0.16
Lot Location
2-5 Units/Acre
Days on Market
2
Property Type
Multifamily
Property Sub Type
Quadruplex
Neighborhood
Sm Southwest(940)

Property Description

Excellent 4-Plex Investment Opportunity! Don't miss this great opportunity to own a 4-unit investment property with strong rental demand. Each unit features 2 bedrooms, 1 bathroom, and access to covered carport parking, with parking for 4 vehicles total. The property is generating approximately $8,000 per month in rental income -- nearly $300,000 in gross rental income over three years! One unit has been recently remodeled, and the property has a history of long-term tenancy, including a tenant who occupied Unit C for approximately 14 years. This is a great opportunity for an investor looking for strong income, established rental demand, and long-term investment potential. Priced to sell and being sold AS-IS. Please have proof of funds or loan approval ready when requesting a showing. Call today to schedule your appointment -- opportunities like this don't last!

Additional Information

Pool Description
None
Heat
Wall Furnace
Cooling Description
None
Roof
Shingle
Sewer
Public Sewer
Water
Public
Attached Structure
Detached
Number Of Units Total
4
Gross Scheduled Income
$8,000
Operating Expense
1600
Parking Spaces
4

Listing courtesy of Listing Agent: Gabriel Fernandez (Gabriel.Fernandez@NovelRealEstate.com) from Listing Office: CRI, Inc..

Mortgage Calculator

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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.