$580,000
For Sale

505 Giles Ave

Calexico, CA 92231
Listing OfficeAmerican Group
Browse 13 photos
Type:Multi-Family
Structure:House
Zone:Commercial

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

  • Property Details
      • Property SubtypeResidentialIncome
      • Property TypeMulti-Family
      • SubdivisionOut Of Area
      • MLS #240028956SD
      • MLS #240028956SD
      • CountyImperial
      • Original List Price$580,000
      • Cost580000
      • Year Built1975
      • Stories2

Location

Cristina Arneson-CabreraReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
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