310 5th ST Street Active Save Request In-Person Tour Request Virtual Tour
Solvang,CA 93463
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
MLS Listing ID 24-2910
Property Description
Don't miss this very rare opportunity to acquire a well-maintained 10-unit apartment building located in the heart of the desirable City of Solvang. All the units are 1 bed and 1 bath with separate electric and gas meters, and the residents enjoy a private laundry room and off-street parking in the rear of the building. Upgrades within the last 5 years include laminate flooring in many of the units, new water heater, new dual pane windows and a complete replacement of the asphalt driveway and parking lot. The units are close to all that downtown Solvang has to offer, including restaurants, galleries, shops, and more. With over 40 percent upside in rents, this property offers the prudent investor lots of upside opportunity.
Location
State CA
County Santa Barbara
Interior
Laundry Laundry Room
Exterior
Parking Features Uncovered
Building
Foundation Slab
Others
Acceptable Financing Cash,Ctnl
Listing Terms Cash,Ctnl