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$790,995

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863 6Th, Kingsburg, CA 93631

863 6Th, Kingsburg, CA 93631

3 beds  |  1 and 1/2 baths   |  1,195 sqft  |  $662 per sq. ft.

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Description

Income producing property with great development potential in quaint Kingsburg. Nice home on a working almond farm. 9.5 acres of producing almonds. Fifth leaf. 2017 yield was 1, 300lbs per acre. Projected 2018 yield, 1500 to 1600lbs per acre, Plateauing at about 2100lbs per acre by the year eight. The home on the property is currently be rented at $1000per month. Should rent for between 1200 & 1300 per month. The real value of the property is in the development potential. Home currently sits on the county side of city county divide. Currently zoned Low density in the General Plan, but there is medium density directly North of property, so there is a good chance that property can be rezoned through a general plan amendment for higher density. This property is unique in that it will produce income while annexing and entitling the property. Potential for additional acreage.

Details

  • Fresno County
  • Single Family Residence
  • 3 Bedrooms
  • 1 and 1/2 Bathrooms
  • 1 Story, Single Story
  • Built in 1930
  • 1,195 SqFt
  • 10 Acres
  • Style: Ranch
  • Exterior: Wood
  • Foundation: Wood Sub Floor
  • Roof: Composition
  • Floor: Carpet, Tile, Hardwood
  • Cooling: Central Heat & Cool
  • Water: Septic Tank, Private Well
  • Public Utilities
  • Site Location: Rural
  • Existing RV Parking, Potential RV Parking

$790,995

Available Now! -

MLS ID# 505331

For more info contact

Photo Heidi Johnson
(877) 565-2010

Get more info or schedule a showing

        

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Get more info or schedule a showing
     

Question or comment

18:12
MLS#: 505331
Listing Office: Better Homes & Garden Real Estate GoldLeaf
Listing Agent: Carlos D Fierro
Last Updated: 07/09/2018 9:10am
Information obtained from Fresno Association of Realtors.
Information provided by seller/other sources, not verified by broker.
All interested persons should independently verify accuracy of all information.
eho
Property Views: 18
Days on Market: 12

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