Duplex | 2 SFRS on 1 Lot | 100% Leased

5634 Riverside Drive Olivehurst, CA 95961

5634 Riverside Drive, Olivehurst, CA, 95961
5634 Riverside Drive, Olivehurst, CA, 95961
FOR SALE
Property Type:
MultiFamily Apartments
Amount:
$355,000
Last Verified:
Sep 13, 2020

Highlights

  • Excellent first time investor property
  • 100% Leased with significant upside in rents
  • Public water and sewer
  • Both homes are 3 Bed / 1 Bathrooms with W/D hook-ups
  • Strong rental market with high demand

Description

*Part of a Portfolio Sale* The ownership is also selling 12 units at 411 Bird St., Yuba City and prefers to sell to one Buyer*.

Excellent first time investor property. The subject property is a Duplex with (2) separate Single-Family Residences (SFRs) on 1 Lot. Both homes are 3 Bed / 1 Bath homes with their own standalone yards, washer/dryer hook-ups, central HVAC, and onsite parking. The tenants pay their own electrical and gas. Water and Sewer are on public utilties.

5634 Riverside Drive is located in Olivehurst which is a small sub-market of Yuba City / Marysville. It is a short drive to major employment in Roseville, Yuba City, Marysville, and Sacramento.


Year Built: 1988
Building Size: 2016.0sq ft
Lot Size: 0.42 acres

Map of 5634 Riverside Drive, Olivehurst, CA, 95961

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Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

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