AN EXCELLENT INCOME PRODUCING PROPERTY! 100% occupied! 18% cap rate. This is a conveniently located property consisting of 4 individual units as follows: (1)2580 Fassitt Rd., Three bedroom, 1 bath detached single family home; (2) 2576 Fassitt Rd., 1 bedroom, 1 bath block house; (3) 2586 Fassitt Rd., Twelve by sixty foot mobile home; (4) 2592 Fassitt Rd., Twelve by seventy foot mobile home with newer appliances and central heating and air (2016). These units are each accessed through a common drive from Fassitt Road that branches out into spacious parking for each of the four homes. This property is located on more than 1/2 acre with many trees affording a lot of privacy. Tenants pay power and water, and are responsible for yard maintenance.
Listing Date: 02-19-2018
Sold Date: 07-05-2018
Aprox Days on Market: 
4 month(s), 15 day(s)
Listing Sold: 
5 Year(s), 9 month(s), 20 day(s) ago
Original Asking Price: $166,739
Asking Price: $166,739
Selling Price: $166,700
Price Difference From Original:
Reduced By $39
Price Difference From Asking:
Reduced By $39
Grazing Permits Forest Service: Yes
Grazing Permits Private: Yes
Grazing Permits Blm: Yes
Horse: No
Farm Credit Service Incl: Yes
Year Built: 1957
Rent Control: No
Pool Private: No
Garage: No
Attached Garage: No
Fireplace: No
Lot Size: 0.59
Lot Size Units: Acres
Acres: 0.59
Lot Sqft: 25700.399999
Irrigation Water Rights: Yes
Mobile Home Remains: Yes
Property Type: B
New Construction: No
Building Area Units: Square Feet
View: No
Home Warranty: Yes
Habitable Residence: Yes
Structure Type: House, Single Family Detached
Sold Date: 2018-07-05T00:00:00
Lease Renewal Option: Yes
Lease Considered: Yes
Lease Assignable: Yes
Sqft: 2758
Number of Units Total: 4
Heating: No
Cooling: No
Waterfront: No
Courtesy of listing office High Seas Properties, LLC