$267,000
For Sale

900 3rd street

Calexico, CA 92231
Listing OfficeAmerican Group
Browse 16 photos
Type:Multi-Family
Structure:House
Zone:Commercial

Description

Incredible Investment Opportunity – Approved Project in Calexico This is a fantastic opportunity for investors looking to develop a multi-unit rental property near the border. Rather than reviewing pictures of an existing building, please refer to the attached approved plans and city comments for this exciting project. Currently a warehouse, this property has already undergone extensive planning, with the owner investing significant time and money to secure project approval from the City of Calexico for the construction of three residential units. Each proposed unit features four bedrooms and two bathrooms, with one unit including a two-car garage. The buyer of this project could begin construction upon meeting the requirements outlined in the attached city approval letter. Owning three large rental units in this prime location presents a lucrative investment opportunity! Are you passionate about construction and transforming a project into a reality? This could be the ideal investment for you. For construction-related details, please verify with the City of Calexico.

  • Property Details
      • Property SubtypeResidentialIncome
      • Property TypeMulti-Family
      • SubdivisionOut Of Area
      • MLS #250018516SD
      • MLS #250018516SD
      • CountyImperial
      • Original List Price$267,000
      • Cost267000
      • Year Built1937
      • Stories2

Location

SparrowLily Realty, Inc.Real Estate Group

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10.0%

Interest Rate

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6.0%

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2.6%
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