Needles, CA 92363,625 W Broadway ST

$450,000

Est. payment /mo
Est.Price: ?

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625 W Broadway ST Needles, CA 92363

9,076 SqFt

SOLD DATE : 01/31/2014

Key Details

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 9,076 sqft

Price per Sqft $49

MLS Listing ID PW13252933

Year Built 1951

Tax Year 2012

Lot Size 0.344 Acres

Property Description

Well maintained apartment building. Ideal for a owner -investor. This 25 unit complex represents an excellent opportunity for an investor to acquire a unique, stable property with substantial upside in rents and laundry income. The building was recently rehabbed. The rehab consisted of gutting the building and replacing everything from the carpet and paint, to the electrical equipment and plumbing. The building currently has copper plumbing and copper wiring, and new toilets have been installed. In addition, the parking lot has been resurfaced and there are new concrete decks, new signage, and new TV cable hookups. Each apartment is a fully furnished efficiency unit that includes linens and a microwave oven. The current owner has taken great pride in providing a clean, well-maintained property. Needles is rich with history. The Mojave Indians lived in the valley long before settlers arrived, and descendents of the Mojave Indians still reside in the area. Needles is also famous for resting along the original Route 66. Many of the original buildings and businesses still exist in the "old downtown" area of the City. Travelers will immediately get sense of the historical feel to Needles when visiting the area.



Interior

Location

State CA

County San Bernardino

Area Dc770 - Needles

Rooms

Ensuite Laundry CommonArea

Interior

Laundry Location CommonArea

Heating Central

Flooring Carpet

Laundry CommonArea

Exterior

Exterior Feature Lighting

Garage Unassigned

Fence Block

Pool Community

Community Features Sidewalks, Pool

Utilities Available SewerConnected

Roof Type CommonRoof

Building

Lot Description Item1620UnitsAcre

Story Two

Foundation Slab

Water Public

Others

Acceptable Financing CashtoNewLoan

Listing Terms CashtoNewLoan

Special Listing Condition ShortSale, Standard

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California Regional MLS (CRMLS)
Listed by Ray Kottapalli • Ray Kottapalli
Bought with Ray Kottapalli • Ray Kottapalli

Scott Goshorn

Director- Luxury Estates | License ID: 01964409

+1(323) 251-5479

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