160 S 2nd Street, Shandon, CA 93461

About this property

Collect rent on 3 doors! 3 homes with established tenants on one lot. Newer kitchen cabinets and granite counters in each unit with other substantial remodeling completed last year on two units. Separate Gas - Electric - Water meters and low operating costs. GRM = 8.3, Current CAP rate is 8%. Projected CAP with rents at current market is 11%! Drive-by only, do NOT disturb or approach tenants! Information deemed reliable but not guaranteed.

Listing description from the May 2017 sale, as reported to CRMLS.

Sale history

$387,500

Sold May 2017 · listed $390,000, on market April 2017 · MLS #NS17069955 · Source: CRMLS

Listing Agent: John Donaldson · Listing Office: RE/MAX Parkside Real Estate · Contact: 805-239-3310 · Bought with: Robert Sousa · Merrill & Associates R.E.

$225,000

Sold March 2015 · on market January 2015 · MLS #SC1050818 · Source: CRMLS

Listing Agent: Matt Franklin · Listing Office: Franklin Real Estate & Rentals · Contact: 805-772-4277 · Bought with: James Scrivner · Platinum Properties

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