Calexico, CA 92231,505 Giles Ave
Calexico, CA 92231,505 Giles Ave
Calexico, CA 92231,505 Giles Ave
Calexico, CA 92231,505 Giles Ave
Calexico, CA 92231,505 Giles Ave
Calexico, CA 92231,505 Giles Ave
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$ 580,000
Est. payment | /mo

8 Beds

8 Baths

836 SqFt


$ 580,000
Est. payment | /mo

8 Beds

8 Baths

836 SqFt

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Pending

Purchase Type For Sale

Square Footage 836 sqft

Price per Sqft $693

MLS Listing ID 240028956

Bedrooms 8

Full Baths 8

HOA Y/N No

Year Built 1975

Property Description

4 Townhomes for sale in one building, they are well designed. Kitchen, living room and full bathroom downstairs, bedrooms and additional bathrooms are upstairs. 8 parking spaces for your tenants. Great location. Solid investment, good income and cash flow. Annual Cashflow $47,600 per year, A healthy Cap Rate of 8.21. especially in such a desirable location with stable demand. The cash flow is positive and substantial, making this property potentially a solid investment. The gross rent multiplier is 10.51

Location

State CA

County Imperial

Community Out Of Area

Area Imp Cty-Calexico (92231)

Building/Complex Name Calexico

Interior

Cooling Central Forced Air

Exterior

Exterior Feature Stucco

Fence Partial

Roof Type Composition

Building

Story 2

Lot Size Range 7500-10889 SF

Level or Stories 2 Story

Others

Acceptable Financing Cash, Conventional

Space Rent $1,150

Listing Terms Cash, Conventional

Special Listing Condition Call Agent

San Diego Regional MLS (SDMLS)
Listed by Manny Hernandez • American Group
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(619) 850-5432

woody@woodyhenderson.com

6534 Persa Dr, Carlsbad, California, 92009, USA

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505 Giles Ave