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    226230 Lynn Street

    King City, CA 93930
    • $850,000
    • STATUS: Closed
    • ON SITE: 47 days
    • ID#: ML81826213
    Sold - 02/26/2021
    $850,000
    SOLD - 02/26/2021
    • 0
      BEDS
    • 0.34
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,775
      SQFT
    • $306
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1928
    County:

    School Ratings & Info

    Description

    Don't miss out on this great investment opportunity to own this four-plex and duplex being sold together. The single level four-plex has three, 1 bed/1 bath units and a one studio unit. The duplex has a 1 bed/1 bath and a 2 bed/1bath. There are also 4 garage spaces for tenants as well as a laundry facility. There is a nice size basement utility room that houses water heaters and has plenty of storage room too. The properties location is great and within walking distance to downtown, grocery stores, library and Hartnell College's satellite campus. There is 100% occupancy. Many of the tenants have been long term tenants.

    Sold by Grace Borzini of Oak Shores Realty.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-03-07T00:26:07.417. 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 deemed reliable but is not guaranteed accurate by the MLS or Jett Real Estate Group | eXp Realty. Licensed in the State of California, USA.

    www.jettrealestate.com/homes/113377440
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    226230 Lynn Street King City, CA 93930

    • Price: $925,000
    • Status: Closed
    • Updated: 36 min ago
    • ID#: ML81826213
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.34
    Acres
    2,775
    SQFT
    $306
    $/SQFT
    1928
    Built
    Neighborhood:
    699 - Not Defined
    County:
    Monterey
    Area:
    699 - Not Defined
    Property Description
    Don't miss out on this great investment opportunity to own this four-plex and duplex being sold together. The single level four-plex has three, 1 bed/1 bath units and a one studio unit. The duplex has a 1 bed/1 bath and a 2 bed/1bath. There are also 4 garage spaces for tenants as well as a laundry facility. There is a nice size basement utility room that houses water heaters and has plenty of storage room too. The properties location is great and within walking distance to downtown, grocery stores, library and Hartnell College's satellite campus. There is 100% occupancy. Many of the tenants have been long term tenants.
    Exterior Features

    Carport Spaces 0.00 Foundation Details SlabRaisedConcrete Perimeter Garage Spaces 0.00 Lot Features Back Yard Lot Size Source Gis Calculated Lot Size Units Square Feet Parking Features Off StreetStreet Parking Total 0.00 Parking YN Yes Roof FlatComposition

    Interior Features

    Cooling None Cooling YN No Heating ElectricWall Furnace Heating YN Yes

    Property Features

    Accessibility Features None Cap Rate 4.41 Gross Multiplier 15.23 Gross Scheduled Income 60724.00 Insurance Expense 1500.00 Maintenance Expense 1898.00 Professional Management Expense 4251.00 Special Listing Conditions Standard Trash Expense 3759.00 Zoning R4

    Listing provided courtesy of Grace Borzini of Oak Shores Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-03-07T00:26:07.417. 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 deemed reliable but is not guaranteed accurate by the MLS or Jett Real Estate Group | eXp Realty. Licensed in the State of California, USA.

     
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    Jett Real Estate Group | eXp Realty
    2603 Camino Ramon #200
    San Ramon CA, 94583