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$ 2,330,000
Est. payment | /mo
$ 2,330,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type 11 Plus
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 202601192
Year Built 1978
Property Sub-Type 11 Plus
Property Description
Presenting an exceptional multifamily investment opportunity at 408 Trinity Avenue in Chowchilla, California a well-maintained 20-unit apartment complex consisting of five individual 4-plex buildings, each on its own APN. Every unit offers a comfortable 2-bedroom, 1-bath layout, appealing to long-term tenants. The property currently generates over $240,000 in annual gross income, demonstrating strong cash flow and consistent performance. Current ownership has shown pride of stewardship through ongoing capital improvements, regular maintenance, and attentive management, ensuring the property remains in excellent condition. With its income, quality upkeep, and separate parcel structure offering future flexibility, 408 Trinity Ave stands out as an income-producing asset in a growing Central Valley market.
Location
State CA
County Madera
Area 99
Exterior
Parking Features Carport
Building
Story 1
Listed by Eric VanDenk • Central Valley Property Advisors
Nearby Locations
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
9700 Stockdale Highway St 325, Bakersfield, California, 93311, USA