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$ 1,995,000
Est. payment /mo
Active
363 Short Street Bishop, CA 93514
17 Beds
5,132 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Apt Build 5-12 Units
Listing Status Active
Purchase Type For Sale
Square Footage 5,132 sqft
Price per Sqft $388
Subdivision Out Of Area-Ca
MLS Listing ID 142691
Bedrooms 17
Year Built 1949
Annual Tax Amount $11,564
Lot Size 0.347 Acres
Acres 0.3467
Property Sub-Type Apt Build 5-12 Units
Property Description
Positioned in a highly desirable location near the heart of downtown Bishop, this 7-unit residential income property offers an exceptional opportunity for investors seeking strong cash flow and long-term upside.The property features three separate buildings, including a 3-bedroom single-family house with carport, two 3-bedroom apartments, and four 2-bedroom apartments. With 100% occupancy, this asset delivers immediate, consistent income from day one.Tenants enjoy the convenience of an on-site laundry room, parking for up to 12 vehicles, and fenced yards. Its proximity to downtown Bishop provides walkable access to shopping, dining, and local amenities, enhancing tenant retention and rental demand.This is a rare opportunity to acquire a fully stabilized, multi-building investment property in a supply-constrained market known for strong rental demand. Whether you're looking to expand your portfolio or secure a reliable income-producing asset, this property offers both solid current returns and future appreciation potential.
Location
State CA
County Inyo
Area Out Of Area-Ca
Interior
Heating Propane, Wall or Space Heater
Cooling Propane, Wall or Space Heater
Laundry Common
Exterior
Garage Spaces 12.0
Utilities Available Propane, Varies Per Unit, Water Meter
Roof Type Flat,Tar/Gravel
Building
Story One Story
Foundation Slab
Water Propane
Listed by Coldwell Banker Select - LTB
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