Short Street, Bishop, CA 93514

$1,699,000
17
BD
8
BA
5,132
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$1,699,000
Status
ACTIVE
MLS#
142691
Subdivision
Other
Subdivision
Out of Area-CA
Price Change
▼ $151,000 1784003481
Days on Market
109
Year Built
1949
Bedrooms
17
Bathrooms
8
Acres
0.35
Living Area
5,132
Lot Size
15,104
Region
Out of Area-CA

Property 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.

Additional Information

Taxes
$11,564
Utilities
Propane
Roof
Flat, Tar/Gravel
Foundation
Slab
Garage Spaces
2

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Courtesy of Susan K Maclean and Coldwell Banker Select - LTB. Contact: