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1312 W KALEY AVENUE

House Recently Sold
$3,900,000

BTC: 41.93548387

ETH: 1,152.32903426

Sold on: 2024-02-23
32 days
4 bds
2 ba
1,406 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

We are pleased to present Kaley Square, a mixture of 32 commercial/residential units on 12 lots totaling 4.27 acres. The prospective income upon increasing rents is estimated at $500,000 and the seller will consider seller financing. The property has been over 90% occupied for decades and has long term tenants spanning back to the 90's. This investment offers a prospective 10%+ cap with the opportunity to redevelop the site and own nearly an entire city block. Communication with the county shed light on the option to change the zoning and FLU to Neighborhood Commercial and increase value in the site for future redevelopment. This property is truly one of a kind.

Location

Facts and features

Type:
Residential
Parking:
Driveway / On Street
Year Built:
1945
Lot:
0.16 Acres
Heating:
Wall Units / Window Unit
Price/sqft:
$2,845
Cooling:
Wall/Window Unit(s)
HOA:
No Data
All facts and features
  • Flooring

    • Other

    Heating

    • Wall Units / Window Unit

    Cooling

    • Wall/Window Unit(s)

    Appliances

    • Range

    • Refrigerator

    Other interior features

    • Ninguno

    Bedrooms and bathrooms

    • Bedrooms: 4

    • Full bathrooms: 2

  • Parking

    • Driveway

    • On Street

    Property

    • Levels: One

    • Exterior Features: Other

    Lot

    • Lot: 0.16 Acres

    Other Property Information

    • Parcel Number: 032329140209150

    • Zoning: C-3

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Public

  • Other financial information

    • Annual tax amount: $2,342

  • Source details

    • MLS ID: O6156678

    Other facts

    • Construction Materials: Block

    • Foundation Details: Block / Slab

    • Direction Faces: North

    • Living Area: 1406

    • Water Source: Public

    • Subdivision Name: CLEAR LAKE VIEWS

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: MAVREALTY