$2,525,000
Active
38 Days Online
12 Beds10 Baths4,937 SQFT
Active

3781 W Line St Bishop, CA 93514

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Fantastic 9-unit investment property located in Bishop, CA. This large, picturesque property sits on a 1.81 Acre Lot with a 1, 000 SqFt trout pond, old growth trees and multiple creeks running through it. The property features 8 separate "single family" style structures, comprising 9 units and 4, 937 square feet of living area in total. The front 4-bedroom main house also features a large private garage. The majority of the units have been recently remodeled and re-rented, with five of the units able to be delivered vacant. All in all, the property has received $300K - $400K of recent capital improvements including interior remodels, new exterior paint, concrete driveway / walkways, an automatic sprinkler system and newer copper water lines. 3781 W Line St offers a strong Day 1 cash flow currently sitting at a 6.02% Cap Rate! Additionally, a new buyer may be able to build 1-4 ADUs on the vacant back portion of the lot (Buyer to carry out their own investigation).

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyInyo
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site37 Days
  • MLS StatusActive
  • MLS ID Number24342881
  • Home Size Source Assessor
  • Year BuiltN/A
  • Lot Size1.81 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Parking UncoveredDriveway
  • Parking Spaces 0
  • Number of Stories 22
  • Acreage 1.81
  • Attached Garage Yes
  • Listing Conditions Standard

Interior Features

  • Cooling Central Air
  • Heating Central

Exterior Features

  • View Creek/ StreamPond

Community Features

  • Senior Community No
  • MLS Area MMTH - Mammoth Lakes

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Monthly Payment (Est.)

$12,215
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