505 Giles Ave
Calexico, CA 92231
Active for $580,000
Beds: N/A Baths: Structure Size: N/A sqft Lot Size: N/A sqft
MLS | 240028956SD |
Year Built | 1975 |
Property Type | |
County | Imperial |
Status | Active |
Active | $580,000 |
Structure Size | N/A sqft |
Lot Size | N/A sqft |
Beds | N/A |
Baths |
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
Listing information courtesy of: Manny Hernandez, American Group 760-427-3610. *Based on information from the Association of REALTORS/Multiple Listing as of 01/10/2025 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.