About This Home
This 0-bedroom, 0-bathroom residential multi family at 363 Short Street in Bishop, CA is listed for $1,499,000 ($292 per sqft). Built in 1949, the home offers 5,132 sqft of living space on a 0.35 acres lot.
Key Features
- Built in 1949
- 0.35 acre lot
- 12 parking spaces
Property Details
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.
Monthly Cost Estimate
$8,017/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
363 Short Street
Bishop, CA 93514
Features & Amenities
Interior Features
Property Details
Construction
Heating
Questions & Answers
This 0-bedroom, 0-bathroom residential multi family at 363 Short Street is listed at $1,499,000 ($292/sqft). The estimated monthly payment is $8,017 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1949, 0.35 acre lot, 12 parking spaces. Interior Features: High Speed Internet.
This property is listed by Susan Maclean and can be reached at (560) 542-5555.