1803 Mitchell Avenue, Selma, CA 93662
- 3 beds
Multi-Family Home
Built in ——
1.83acre lot
—— car garage
$——/sqft
Listed 1 month ago
Property Description
Investor Goldmine: 3 Homes on 2.1 Acres with Multi-Strategy Potential Calling all investors this rare 2.1-acre parcel features three income-producing homes and offers multiple avenues to maximize ROI: monthly rental, rezoning opportunity, or long-term development. ?? Property Overview (2 APNs, sold as one): 1803 Mitchell Ave (southernmost): Cozy 2?bd/1?ba rental generating $1,200/mo. 1815 Mitchell Ave: Classic gem on its own parcel (APN?390-020-63) with central HVAC, original hardwood floors, and vibrant tile countertops. Includes 3 detached outbuildingsideal for workshop space or ancillary income. 1845 Mitchell Ave (northernmost): Spacious 3?bd/1?ba home featuring indoor laundry, expansive living area, fenced yard, 3-car garage, and a metal storage shed. Plusthis house sits adjacent to open ground (included in the acreage) ready for build-out. ?? Why This Property Stands Out: Cashflow from Day One: Rent all three homes while pursuing rezoning or development. Development-Ready: Neighboring parcel recently subdivided into single-family lotssets a strong precedent. Versatility: Ideal for investors specializing in long-term rentals, fix-and-flips, or multifamily development. ?? Highlights & ROI Drivers: Immediate rental income across all units Flexible strategies: hold, convert, or redevelop Existing Homes can be cleaned up & rented out fast All 3 house on city water. All 3 houses on septic tanks. City sewer at street, buyer to verify the cost & process to connect.
- Listing Status:
- Active
- Listing Office:
- Universal Lending and Realty, Inc. :
- Listing Agent:
- Kyle Wilkins : 559-285-4841
- MLS ID:
- FR25144213
- A/C: Central Forced AirSwamp Cooler(s)
This listing courtesy of Kyle Wilkins, Universal Lending and Realty, Inc.
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Eric White Elementary School
2001 Mitchell Ave, Selma, CA, 93662
Grades KG-6
0.39 miles away
Heartland High (Continuation)
2269 Sylvia St, Selma, CA, 93662
Grades 7-12
0.80 miles away
Heartland High (Continuation)
2269 Sylvia St, Selma, CA, 93662
Grades 7-12
0.80 miles away