Needles, CA 92363,625 W Broadway ST

$450,000

$450,000

Est.Price: ?

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Est. payment /mo

0.34 Acres Lot


SOLD DATE : 01/31/2014

Key Details

Sold Price $450,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PW13252933

Sold Date 01/31/14

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1951

Tax Year 2012

Lot Size 0.344 Acres

Property Description

Well maintained apartment building. Ideal for a owner -investor. This 25 unit complex represents an excellent opportunity for an investor to acquire a unique, stable property with substantial upside in rents and laundry income. The building was recently rehabbed. The rehab consisted of gutting the building and replacing everything from the carpet and paint, to the electrical equipment and plumbing. The building currently has copper plumbing and copper wiring, and new toilets have been installed. In addition, the parking lot has been resurfaced and there are new concrete decks, new signage, and new TV cable hookups. Each apartment is a fully furnished efficiency unit that includes linens and a microwave oven. The current owner has taken great pride in providing a clean, well-maintained property. Needles is rich with history. The Mojave Indians lived in the valley long before settlers arrived, and descendents of the Mojave Indians still reside in the area. Needles is also famous for resting along the original Route 66. Many of the original buildings and businesses still exist in the "old downtown" area of the City. Travelers will immediately get sense of the historical feel to Needles when visiting the area.



Interior

Location

State CA

County San Bernardino

Area Dc770 - Needles

Interior

Heating Central

Flooring Carpet

Fireplace No

Appliance Built-In Range

Laundry Common Area

Exterior

Exterior Feature Lighting

Parking Features Unassigned

Fence Block

Pool Community

Community Features Sidewalks, Pool

Utilities Available Sewer Connected

Roof Type Common Roof

Total Parking Spaces 25

Private Pool Yes

Building

Lot Description 16-20 Units/Acre

Story Two

Entry Level Two

Foundation Slab

Water Public

Architectural Style Contemporary

Level or Stories Two

Construction Status Updated/Remodeled

Others

Senior Community No

Tax ID 0186112210000

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Financing Other

Special Listing Condition Short Sale, Standard

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California Regional MLS (CRMLS)
Listed by Ray Kottapalli • Ray Kottapalli
Bought with Ray Kottapalli • Ray Kottapalli

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