$315,000
$374,500
15.9%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
1 Bath
3,200 SqFt
SOLD DATE : 08/28/2019
Key Details
Sold Price $315,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,200 sqft
Price per Sqft $98
MLS Listing ID 516484
Sold Date 08/28/19
Bedrooms 2
Year Built 1965
Lot Size 5,662 Sqft
Property Description
Ride on the High-Speed Rail of Growth! Fourplex to be sold with adjoining fourplex at 722 Cedar. The combined fourplexes have a total of 8 units of 2bed/1bath each, with on-site laundry. These properties are fully occupied and are well below market rent. Rentometer suggests average rents to exceed $800. Close to downtown Atwater, Applegate Ranch Shopping Center, groceries and Highway 99. Possible opportunity to buy much larger portfolio.
Location
State CA
County Merced
Area 301
Interior
Heating Floor or Wall Heat, Window or Wall A/C
Cooling Floor or Wall Heat, Window or Wall A/C
Flooring Concrete Perimeter
Fireplaces Type None
Exterior
Exterior Feature Stucco
Garage Carport, Covered
Garage Spaces 4.0
Utilities Available Washer/Dryer (s)
Roof Type Composition
Building
Story Two
Sewer Public Water, Public Sewer
Water Public Water, Public Sewer
Schools
Elementary Schools Merced
Middle Schools Merced
High Schools Merced
School District Merced
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