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31635524
31635525

363 Short Street, Bishop, CA 93514 For Sale

SM
CA 00789248
Coldwell Banker McKinney and Assoc. Inc Realtors
Listed by Coldwell Banker McKinney and Assoc. Inc Realtors
$1,699,000
100 days on market
Updated 7 days ago
Opportunity zone

363 Short Street

Details
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Square Footage 5,132
Units 7
Cap Rate 5.50%
Year Built 1949
Acreage 0.360

Income potential upside - 100% occupancy

Marketing description

Positioned in a highly desirable location near the heart of downtown Bishop, this 7-unit residential income property offers an exceptional opportunity for investors seeking strong cash flow and long-term upside.The property features three separate buildings, including a 3-bedroom single-family house with carport, two 3-bedroom apartments, and four 2-bedroom apartments. With 100% occupancy, this asset delivers immediate, consistent income from day one.Tenants enjoy the convenience of an on-site laundry room, parking for up to 12 vehicles, and fenced yards. Its proximity to downtown Bishop provides walkable access to shopping, dining, and local amenities, enhancing tenant retention and rental demand.This is a rare opportunity to acquire a fully stabilized, multi-building investment property in a supply-constrained market known for strong rental demand. Whether you're looking to expand your portfolio or secure a reliable income-producing asset, this property offers both solid current returns and future appreciation potential.
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Listing Contacts

SM
CA 00789248
Coldwell Banker McKinney and Assoc. Inc Realtors
Listed by Coldwell Banker McKinney and Assoc. Inc Realtors

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Additional Information

Name
Susan Maclean
License
00789248
Brokerage
Coldwell Banker Select
Brokerage Phone
7756009025
Brokerage Address
2196 Lake Tahoe Boulevard
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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