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10586 SW Park Ave
For Sale $975,000 ($184.87 per Sq Ft)
$975,000 ($184.87 per Sq Ft)
- 5 Units
- 5,274 Sq Ft
- 217,800 Sq Ft
- Unknown Cap Rate
Description
Turnkey investment opportunity! This 5-acre income-producing property is a rare find, offering five well-maintained homes, each with its own shed, septic system, and electric meter—ensuring easy management and complete tenant independence. The current tenants are long-term and reliable, with each having lived here for at least three years and all on yearly leases, providing steady, hassle-free income. Plus, each tenant takes care of their own lawn, keeping maintenance to a minimum for the owner. Each of the five homes rents for $1,200 per month, creating a strong and consistent cash flow. Additionally, a privately owned home has been on the property for 11 years, paying $400 per month in lot rent—adding an extra stream of income! The homes are in great condition, making this an easy, turnkey investment with no immediate repairs needed. Beyond the current rental setup, this property offers huge potential for investors looking to expand. Whether you choose to keep it as-is and enjoy passive income or explore future development possibilities, the opportunities here are endless. With multiple income streams, reliable tenants, and minimal owner responsibilities, this property is a smart investment that works for you from day one. Don't miss out on this rare multi-home opportunity—reach out today to schedule a showing and secure your next profitable investment!
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $975,000 |
| Property Type | Multi-Family |
| Usable Sqft | 5,274 |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 2005 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 233923000000500000 |
| MLS # | C7504282 |
| Property ID | 320031060 |
| Lot Sqft | 217,800 |
| Zoning | RMF-M |
| Total Units | 5 |
| Days on Market | 18 |
| Original List Price | $975,000 |
| Date Updated | February 03, 2025 |
| Date Created | February 03, 2025 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Brandi Long an agent of .
© 2025 STELLAR MLS. All rights reserved. Some listings on this website are from STELLAR as of February 03, 2025 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Robert Crawford
REAL ESTATE AGENT