Calexico, CA 92231,505 Giles Ave
Calexico, CA 92231,505 Giles Ave
Calexico, CA 92231,505 Giles Ave
$582,000
Est. payment /mo
$580,000
0.3%
Est.Price: ?

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8 Beds
8 Baths
SOLD DATE : 02/04/2025

Key Details

Sold Price $582,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

Subdivision Out Of Area

MLS Listing ID 240028956

Sold Date 02/04/25

Bedrooms 8

Year Built 1975

Property Sub-Type Res Income 2-4 Units

Property Description

4 Townhomes for sale in one building, they are well designed. Kitchen, living room and full bathroom downstairs, bedrooms and additional bathrooms are upstairs. 8 parking spaces for your tenants. Great location. Solid investment, good income and cash flow. Annual Cashflow $47,600 per year, A healthy Cap Rate of 8.21. especially in such a desirable location with stable demand. The cash flow is positive and substantial, making this property potentially a solid investment. The gross rent multiplier is 10.51

Location

State CA

County Imperial

Direction North on Giles

Interior

Cooling Central Forced Air

Fireplace No

Exterior

Fence Partial

View Y/N No

Roof Type Composition

Building

Story 2

Level or Stories 2

Others

Special Listing Condition Call Agent

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MLS Router / San Diego MLS
Listed by Manny Hernandez American Group
Bought with Manny Hernandez American Group
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