240 E Hanford Armona Road Unit A-E, Hanford, CA 93230 | MLS 623704 | Listing Information | Adanalian & Vasquez Real Estate
FOR SALE
$665,000

240 E Hanford Armona Road Unit A-E
Hanford, CA 93230

Multi-Family
Residential Income
5
Beds
2,520
Sq. Ft.
0.9803
Acre Lot
Courtesy: Jamal Elhably - eXp Realty of Northern California, Inc.
Adanalian Vasquez> California> Hanford> 93230
Turnkey Investment Opportunity in Hanford!This fully remodeled 5-unit apartment building is a cash-flowing asset, with all one-bedroom units rented at $1,200 per month, generating $6,000 in gross monthly income. Recent upgrades include a brand-new roof and modernized interiors, ensuring low maintenance costs for years to come.Each unit is already occupied with tenants, providing immediate rental income from day one. Located in a high-demand rental market, this property is perfect for investors seeking steady, passive income.But that's not allsitting on nearly one acre of land, this property comes with expansion potential! The vacant portion of the lot offers the opportunity to build an additional 9-10 units, significantly boosting long-term returns.Whether you're an investor looking to scale your portfolio or seeking a strong-performing rental property, this one is ready to deliver.📍 Prime Location | Turnkey Investment | Expansion PotentialDon't miss out on this rare opportunityschedule a viewing today!
623704
Residential Income - Multi-Family, Other
5
1965
Kings
0.9803 Acres
Public Water
Stucco
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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Courtesy: Jamal Elhably - eXp Realty of Northern California, Inc.
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