Great opportunity with 1.43 Acres in the City Limits. The front half is zoned PA(Professional Admin) and the back half R-1-6. Subject property fronts on Houston Ave for the PA zoned portion and the back half fronts on E. Harold Ave for the R 1-6 portion of property. Buyer to check with City of Visalia with possible lot split. Unit 1, Rents for $650 p/mo 1700+/-sq.ft 2/2 with living room converted to 3 bedroom with no closet, Central HVAC. Unit 2, Rents for $625 p/mo 740+/- sq.ft 2/1 with nice kitchen, living room with fireplace, Central HVAC. Unit 3, Rents $700 p/mo 1,216+/- sq.ft , Wall AC with Wall Heater and indoor laundry. Unit 4, Rents $700 p/mo 700 sq.ft, 2/1 with Wall AC and Wall heater, Roof is 2 years old. 1 master Water meter and 1 Gas meter. Tenants pay electricity bills which are separately metered. Market rents are grossly under market and this 1.43 Acres is a diamond In the rough with a lot of upside potential.
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