18265 Thomas Lane Shafter, CA ^$ 285,000

18265 Thomas Lane

^$ 285,000

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18265 Thomas Lane

Shafter, CA, 93263

^$ 285,000

Studio Baths0.0

Monthly Estimate*

^$ 1,894

18265 Thomas Lane, Shafter, CA 93263 - Image 1

18265 Thomas Lane, Shafter, CA 93263 - Image 2

Studio

Multi-Family Home for sale in Shafter, CA

for $285,000. This home was built in 1985.

Attention INVESTORS! Cash-producing two-homes-on-one lot in one of California's BEST rental markets - Shafter, CA. Almost $19,000 in annual income with yearly rent increases due for occupants (you can make this a part of you offer). LONG TERM tenants. Each house is 2-bedroom, 2-bath. LOW VACANCY area with massive employment opportunities in vicinity. Or - live in one and rent the other - lots of possibilities. This is a set-it and forget easy addition to your retirement or cash-flow portfolio.

Multi-Family Active

Price

^$ 285,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

2 homes on 1 Lot

Year Built

1985

Town/City

Shafter

County/Region

Kern

MLS | Web ID

202404871

Features

Exterior

Parking Features Uncovered

Garages 0

Parking 0.00

Lot Size Source (Assessor)

General

Year Built 1985

Stories 1

Property SubType 2 homes on 1 Lot

Gross Income 18780.00

County Kern

Net Operating Income 15030.00

Property Type Residential Income

Close Price 0.00

Status Active

High School Shafter

City Shafter

Disclosures None of the Above

NumberOfUnitsTotal 2

MLS Area 95

Lot Size Units SqFt

Lot Size Square Feet 7311.00

Street Name Thomas

Elementary School Other-Outlying

Middle/Junior High School Other-Outlying

Days on Market 20

Elementary School District Other

Cap Rate 0.05

Interior

Street Suffix Lane

Internal Only

Street Number 1 18265

* Excluded Features

List By

Tara Lyons

Listing Agent

Miramar International-Riverwal

Broker

tara.miramar@gmail.com

Affordability Calculator

$1,894

Per Month

Monthly Principal & Interest: $1,894
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Shafter, CA

Average List Price ^$408,300

Percent of Sale Price 43%

About Shafter, CA

19,768 Population

42% Since 2002

^$41,280 Median Income

29.14 Median Age

53% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4679188 Elementary School

4679187 Middle School

Shafter High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
6/6/2024	$285,000	-0.70%	Price Down
6/3/2024	$287,000	-0.69%	Price Down
5/18/2024	$289,000		Listed Price

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18265 Thomas Lane, Shafter, CA, 93263 is a Multi-Family Home for sale at $285,000. 18265 Thomas Lane is a studio with 0.0 baths and was built in 1985. The property's zip code is 93263 which is in Shafter, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this web site comes in part from the Golden Empire MLS IDX Database. Real estate listings held by brokerage firms other than Weichert Realtors include the name of the listing broker.

The information being provided is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information from Golden Empire MLS, Inc., as of 6/6/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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18265 Thomas Lane

Multi-Family Home for sale in Shafter, CA

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