Duplex | 100% Leased | Below Market Rent

1043 Jay St. Olivehurst, CA 95961

1043 Jay St. , Olivehurst, CA, 95961
1043 Jay St. , Olivehurst, CA, 95961
FOR SALE
Property Type:
MultiFamily Apartments
Amount:
$325,000
Last Verified:
Nov 21, 2020

Highlights

  • Excellent unit mix
  • Each units is its own standalone building
  • Below market rent
  • Well maintained
  • Fenced swimming pool

Description

1043 and 1045 Jay St., Olivehurst, CA is a well maintained duplex comprised of a spacious 3B/2B Single-Family Residence with its own attached garage and a 2B/2B Two-Story townhome style unit in the back of the property. The subject is well - maintained, the tenants have live there long-term, are on Month-to-Month leases, and are well below market rents. The property also features central HVAC and the tenants pay their own electrical and gas. The ownership pays property taxes, insurance, maintenance, water, sewer, garbage.

Opporunity to increase rents as allowable under AB 1482 and bill back for some of the utilities.

This well kept duplex is located in Olivehurst in close proximity to Highway 99. Olivehurst is a quiet submarket of Yuba City / Marysville where the majority of the commercial amenities are located.


Year Built: 1956
Building Size: 2428.0sq ft
Lot Size: 0.0 acres

Map of 1043 Jay St. , Olivehurst, CA, 95961

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