$830,000
$850,000
2.4%For more information regarding the value of a property, please contact us for a free consultation.
12 Beds
8 Baths
0.45 Acres Lot
SOLD DATE : 01/24/2025
Key Details
Sold Price $830,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID MC24232070
Sold Date 01/24/25
Bedrooms 12
HOA Y/N No
Lot Size 0.450 Acres
Property Description
Discover this well-maintained fourplex in the heart of Atwater, an ideal addition to your investment portfolio. Boasting three updated units, each equipped with separate water meters, this property offers convenience for tenants and efficiency for owners. With a strong 7.1% cap rate, its a standout opportunity in todays market. Key highlights include a new roof that adds long-term value and peace of mind, plus proximity to shopping, activities, and easy freeway access. The fourth unit is a blank slate, offering potential for value-add upgrades. Dont miss out on this rare opportunity to own a solid, income-producing property in a prime Atwater location. Schedule your showing today!
Discover this well-maintained fourplex in the heart of Atwater, an ideal addition to your investment portfolio. Boasting three updated units, each equipped with separate water meters, this property offers convenience for tenants and efficiency for owners. With a strong 7.1% cap rate, its a standout opportunity in todays market. Key highlights include a new roof that adds long-term value and peace of mind, plus proximity to shopping, activities, and easy freeway access. The fourth unit is a blank slate, offering potential for value-add upgrades. Dont miss out on this rare opportunity to own a solid, income-producing property in a prime Atwater location. Schedule your showing today!
Location
State CA
County Merced
Area Atwater (95301)
Zoning Assessor
Building
Story 1
Level or Stories 1 Story
Others
Monthly Total Fees $41
Acceptable Financing Cash, Conventional, Exchange, FHA
Space Rent $1,950
Listing Terms Cash, Conventional, Exchange, FHA
Financing Conventional
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Bought with Ranjeet Singh • Keller Williams Property Team
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "