Great investment opportunity in the heart on New Minas. Four plex with opportunity for expansion. New one bedroom apartment added in 2020. Good income with four units. Large parking area. New roof added in 2022.Heat pump added to basement apartment in 2021. Walking distance to shops and grocery store. It won't last long.
Exit Highway 101 at Greenwich Exit, turn left at lights and 9362 Commercial St. is on the left.
Listing Sub-Area:
Kings County
Property Type:
Multi-Family
Multi-Family Type:
Fourplex
Title To Land:
Freehold
Building Dimenions:
48 x 24 ft
Outside Dimenions:
48 x 24 ft
Lot Size:
15,359 sq. ft.1,427 m2
Prop Size:
Under 0.5 Acres
Commercial / Retail Space:
No
# of Rental Units / Occupied:
4
Year built:
1955
(Age: 70)
Age:
70
# Floors:
2
Exterior Finish:
Vinyl
Foundation:
Block, Concrete
Basement:
Partially Developed, Walkout
Floor Finish:
Hardwood, Laminate
Roof:
Asphalt Shingle
Heating:
Forced Air, Heat Pump -Ductless
Fuel:
Electric, Oil
Parking:
Yes
Parking Description:
Multiple spots
Driveway:
Dirt, Parking Spaces(s)
Water Supply:
Municipal
Water And Sewage:
640
Sewer:
Municipal
Num Units:
4
Num 1 Bed Units:
3
Num 2 Bed Units:
1
# Of Dryers:
1
# Of Fridges:
4
# Of Stoves:
4
# Of Washers:
1
Rental Income:
Yes, 48000
Approx. Net Income:
29760
Insurance Expense:
3700
Taxes Costs:
2700
Heating Bill:
7000
Electricity Bill:
4200
Approx. Total Expense:
18240
Approx. Total Income:
48000
Air Conditioning, Cable, Laundry, Telephone
All appliances
Golf Course, Park, Playground, Public Transit, School Bus Service, Shopping, Place of Worship
Listed by ViewPoint Realty Services Inc.(Greenwood)
Data was last updated July 22, 2025 at 03:20 AM (UTC)
Area Statistics
Listings on market:
19
Avg list price:
$587,500
Min list price:
$279,000
Max list price:
$2,500,000
Avg days on market:
67
Min days on market:
13
Max days on market:
514
These statistics are generated based on the current listing's property type
and located in
Kings County. Average values are
derived using median calculations. This data is not produced by the MLS® system.