42 S Cottage Street
Porterville, California CA 93257-4430
Price: $665,000
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Listing ID: SP18162415
Price/SqFt: $131.94
Status: Active
SqFt: 5,040 Sq Ft
Year Built: 1950

42-72 S. Cottage consists of 10 apartments and 4 mobile homes. Close to the center of town with just under an acre of land. Spacious property with significant value-add potential.

Primary Features

County: Tulare
Lot Features: Lot Over 40000 Sqft
MLS Area Major: PORT - Porterville
Special Listing Conditions: Standard
Year Built: 1950


Community Features: Suburban
Land Lease: no
Laundry Features: None
Laundry: no
Lot Size Source: Assessor
Lot Size Units: Square Feet
Number Of Separate Electric Meters: 14
Number Of Separate Gas Meters: 14
Number Of Separate Water Meters: 14
Number Of Units Total: 14
Property Attached: yes
Senior Community: no
Water Source: Public

Interior Features

Common Walls: 2+ Common Walls
Levels: One
Stories Total: 1

Financial Details

Cap Rate: 7.5
Electric Expense: 1255
Fuel Expense: 3701
Gross Income: 82605
Gross Scheduled Income: 82605
Insurance Expense: 997
Net Operating Income: 52009
New Taxes Expense: 7000
Operating Expense: 30596
Professional Management Expense: 5549
Rent Control: no
Total Expenses: 30596
Water Sewer Expense: 2655

External Features

Lot Size Square Feet: 41300
Number Of Buildings: 6
Pool Features: None
Private Pool: no

Location Information

Country: US

Zoning Info

© 2018. The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by Multi-Regional Multiple Listing Service, Inc. ("MRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and MRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Listing courtesy of Walker Sotello from Richardson Properties . Last updated Tuesday, November 20th, 2018.

Contact - Listing ID SP18162415

Jacqueline Soto

14241 Fern Ave. Suite A
Chino, CA 91710
Phone: 3234345003
Phone Alt: 3234345003

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