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1820 Hile Ave
For Sale $2,350,000
$2,350,000
- 18 Units
- Unknown Sq Ft
- 63,162 Sq Ft
- Unknown Cap Rate
Description
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.
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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 | $2,350,000 |
| Property Type | Multi-Family |
| Usable Sqft | Unknown |
| Number of Stories | 0 stories |
| Parking Spots | 20 spots |
| Year Built | 1963 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| HOA Fees: | $0 |
| Association Name: | Unknown |
| Association Amenities: | Unknown |
| APN # | 021052026000 |
| MLS # | 41070291 |
| Property ID | 320776796 |
| Lot Sqft | 63,162 |
| Zoning | Unknown |
| Total Units | 18 |
| Days on Market | 154 |
| Original List Price | $2,500,000 |
| Date Updated | November 20, 2024 |
| Date Created | August 19, 2024 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Remy Fortier an agent of . Lic #01804315
© 2025 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of November 20, 2024 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