363 Short St
Property Description
Positioned in a desirable location nearby downtown Bishop, this 7-unit residential income property offers an exceptional opportunity for investors seeking strong cash flow and long-term upside. Zoned A-R Low Density Residential The property features: - Three separate bldgs - 3-bed single-family house w/carport - Two 3-bed apartments - Four 2-bed apartments - 100% occupancy with long-term tenants - On-site laundry rm w/2 coin-operated washers & 2 coin-operated dryers - Parking for up to 12 vehicles - Fenced yards - Individual unit gas and electricity meters " tenant paid - Gas water heaters, electric and gas stoves - Front & back doors on each unit - Owner pays water/sewer & trash pickup - Individual units have trash bins, no dumpster - Propane tank services entire property, Eastern Sierra Propane monitors & fills as needed - Walkable to shopping, dining, and local amenities. This is a rare opportunity to acquire a fully stabilized, multi-building investment property in a supply-constrained market with strong rental demand. Whether you're looking to expand your portfolio or need a reliable income-producing asset, this property offers solid returns and future appreciation potential.
Broker Details
Coldwell Banker Select Real Estate 916-774-3102
MLS ID: AM36768 State License Number: 00789248
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $1,499,000 |
| No. of Units: | 7 |
| Year Built: | 1949 |
| Lot Size: | 5,150.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $214,143 |
| Property Website | Click Here |
| Number of Bedrooms: | 17 |
| Number of Bathrooms: | 8 |
ID: 3yd-IMLSCA-2313322
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