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15692 Armstrong

Middletown, CA 95461
  • $795,000
  • STATUS: Active Under Contract
  • ON SITE: 15 Days
  • ID#: LC26090150
Under Contract
UPDATED: 13 min ago
$795,000
  • 0
    BEDS
  • 0.35
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1979
County:

School Ratings & Info

Listing Agent(s): Lorrie Mcmurray of RE/MAX Gold Lake County (707-262-5700) and Kaicie Mcmurray of Sherman & Boone Realtors(831-464-5050)


Description

Opportunity knocks at 15692 Armstrong—an exceptional investment opportunity featuring four fully rented, beautifully remodeled units in desirable Middletown, each offering approximately 830 square feet of comfortable living space. Built in 1979 and thoughtfully updated, every unit includes 2 bedrooms, 1 bath, a spacious great room, and a well-appointed kitchen, with two units enjoying the added charm of a decorative fireplace in the living room. Recent upgrades include stylish new flooring, fresh interior and exterior paint, and meticulously remodeled kitchens showcasing center islands, new appliances, modern cabinetry, and updated finishes, while the refreshed bathrooms provide a clean, contemporary feel. Tenants appreciate access to the fenced side and back yard, covered carport parking, and convenient indoor laundry facilities with multiple washers and dryers. Ideally located close to shopping, the library, and the senior center in charming downtown Middletown, this turnkey fourplex offers strong rental income potential and is a standout opportunity to secure a solid, income-producing property and elevate your investment portfolio.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2026-05-15T22:35:44.57. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Bob Kelly Team | Berkshire Hathaway Home Services Ca. Properties. Licensed in the State of California, USA.
www.bobkellyteam.com/homes/175930684
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15692 Armstrong Middletown, CA 95461

  • Price: $795,000
  • Status: Active Under Contract
  • On Site: 15 Days
  • Updated: 13 min ago
  • ID#: LC26090150
0
Beds
0
Baths
0
½ Baths
0.35
Acres
1979
Built
Neighborhood:
LCMID - Middletown
County:
Lake
Area:
LCMID - Middletown
Property Description
Opportunity knocks at 15692 Armstrong—an exceptional investment opportunity featuring four fully rented, beautifully remodeled units in desirable Middletown, each offering approximately 830 square feet of comfortable living space. Built in 1979 and thoughtfully updated, every unit includes 2 bedrooms, 1 bath, a spacious great room, and a well-appointed kitchen, with two units enjoying the added charm of a decorative fireplace in the living room. Recent upgrades include stylish new flooring, fresh interior and exterior paint, and meticulously remodeled kitchens showcasing center islands, new appliances, modern cabinetry, and updated finishes, while the refreshed bathrooms provide a clean, contemporary feel. Tenants appreciate access to the fenced side and back yard, covered carport parking, and convenient indoor laundry facilities with multiple washers and dryers. Ideally located close to shopping, the library, and the senior center in charming downtown Middletown, this turnkey fourplex offers strong rental income potential and is a standout opportunity to secure a solid, income-producing property and elevate your investment portfolio.
Exterior Features

Carport Spaces 4 Carport YN Yes Construction Materials ConcreteWood Siding Entry Level 2 Entry Location front Exterior Features Awning(s) Foundation Details Concrete Perimeter Lot Features 2-5 Units/AcreGarden Number Of Separate Electric Meters 5 Open Parking Spaces 8 Parking Features CarportOn SiteOne Space Parking Total 12 Pool Features None Pool Private YN No Property Attached YN Yes Road Surface Type Paved Roof CompositionShingle Spa Features None Spa YN No View Neighborhood View YN Yes

Interior Features

Appliances DishwasherElectric OvenElectric RangeDisposalMicrowaveRefrigeratorWater Heater Common Walls 2+ Common Walls Cooling ElectricWall/Window Unit(s) Cooling YN Yes Fireplace Features DecorativeFamily Room Fireplace YN Yes Flooring CarpetLaminateWood Heating Baseboard Heating YN Yes Interior Features BalconyCeiling Fan(s)Cathedral Ceiling(s)High CeilingsOpen FloorplanStorage

Property Features

Additional Parcels YN No Common Interest Community Apartment Community Features Foothills Current Financing Conventional Disclosures Covenants/Restrictions DisclosurePet Restrictions Electric Expense 0 Fuel Expense 0 Garage YN No Gross Income 0 Gross Scheduled Income 0 Insurance Expense 0 Land Lease YN No Laundry Features Common AreaInside Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New Loan Maintenance Expense 357.87 Net Operating Income 0 New Construction YN No New Taxes Expense 578500 Number Of Separate Gas Meters 0 Number Of Separate Water Meters 1 Number Of Units Leased 4 Operating Expense 8520.53 Property Condition Turnkey Property Sub Type Apartment Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays Cable TVElectricityInsuranceTelephoneWater Total Actual Rent 7877 Trash Expense 0 Utilities None Water Sewer Expense 0 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-05-15T22:35:44.57. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Bob Kelly Team | Berkshire Hathaway Home Services Ca. Properties. Licensed in the State of California, USA.
 
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The Bob Kelly Team | Berkshire Hathaway Home Services Ca. Properties
2355 Northside Drive, Suite 180
San Diego CA, 92108
Listing Agent(s): Lorrie Mcmurray of RE/MAX Gold Lake County (707-262-5700) and Kaicie Mcmurray of Sherman & Boone Realtors(831-464-5050)