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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 FR24113601
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
Zoning R3
Rooms
Main Level Bedrooms 3
Interior
Interior Features Separate/Formal Dining Room
Cooling Central Air
Fireplaces Type Gas, Wood Burning
Fireplace Yes
Appliance Gas Range
Laundry Inside
Exterior
Garage None
Fence Wood
Pool None
Community Features Rural
Utilities Available Electricity Available, Sewer Connected, Water Connected
View Y/N No
View None
Roof Type Composition,Wood
Porch Front Porch
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Faces East
Story 1
Entry Level One
Foundation Combination
Sewer Unknown
Water Public
Level or Stories One
New Construction No
Schools
School District Kingsburg Joint Union
Others
Senior Community No
Tax ID 39404408
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
Special Listing Condition Standard
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Bought with Joshua Mettee • Mettee & Co., Inc
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