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Key Details
Sold Price $450,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,703 sqft
Price per Sqft $264
MLS Listing ID 613405
Sold Date 07/11/24
Bedrooms 3
Full Baths 2
HOA Y/N No
Year Built 1930
Lot Size 1.250 Acres
Property Description
Looking for the perfect investor to discover this charming 1703 square foot home with 3 bedrooms and 2 bathrooms. The kitchen has been recently upgraded with new appliances, countertops, cabinets, flooring, and fresh paint throughout. This outstanding 1.25-acre property in Kingsburg is situated in R3 zoning. There is an opportunity to divide the land into four empty lots and one lot with a house, all with street frontage to maximize appeal, presenting a lucrative opportunity. Selling these lots could potentially generate enough revenue to completely pay off the mortgage, giving the buyer a debt-free property. Delving into this venture further unveils exciting prospects and possibilities.Alternatively, the property could potentially qualify for 14 units, with a potential extension to 16 units. To move forward, a site plan and drawings must be prepared for submission to plan check, with costs estimated at around $1500 plus additional expenses for plans and permits. Buyer must verify all information.
Location
State CA
County Fresno
Rooms
Basement Unfinished
Interior
Cooling Central Heat & Cool
Flooring Laminate
Fireplaces Number 2
Fireplaces Type Gas
Appliance F/S Range/Oven
Laundry Inside
Exterior
Utilities Available Public Utilities, Propane
Roof Type Composition
Private Pool No
Building
Lot Description Urban
Story 1
Foundation Wood Subfloor
Sewer Public Sewer
Water Public
Schools
Elementary Schools Lincoln
Middle Schools Rafer Johnson
High Schools Kingsburg Schools
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