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$ 889,000
Est. payment | /mo
2 Beds
1 Bath
0.26 Acres Lot
$ 889,000
Est. payment | /mo
2 Beds
1 Bath
0.26 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID MC26242849
Bedrooms 2
Lot Size 0.259 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
Attractive Four Unit Investment Opportunity in a Convenient Atwater Location! This quadruplex features four units, each offering 2 bedrooms, 1 bathroom, a dedicated carport parking space and an onsite shared laundry facility for convenience.. The property has benefited from extensive improvements over recent years, including updated kitchens and cabinetry, appliances, plumbing, electrical systems, HVAC ductwork, flooring, doors, paint, insulation, and newer carport roofing. Additional improvements include updated breaker panels, interior rewiring, R-38 attic insulation, new fencing, landscaping, and individual water heaters for each unit. Located within an Opportunity Zone, this property offers investors an attractive opportunity to expand their portfolio while exploring potential tax incentives associated with qualifying Opportunity Zone investments. Conveniently situated near neighborhood shopping, grocery stores, schools, and everyday amenities, the property also offers easy access to Bellevue Road's retail corridor, Downtown Atwater, and Highway 99, connecting residents to surrounding communities and employment centers throughout Merced County. With four 2-bedroom units, dedicated parking, substantial capital improvements, and a convenient location, this property presents an appealing investment opportunity with long-term rental potential in the growing Atwater market!
Location
State CA
County Merced
Zoning Assessor
Direction From Osborn Park, turn L on Bellevue Rd toward Muir Ave, Turn L on Muir, Property on Right.
Interior
Cooling Central Forced Air
Fireplace No
Exterior
View Y/N No
Roof Type Other/Remarks
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 156070005000
Acceptable Financing Cash, Conventional, Exchange, Land Contract
Listing Terms Cash, Conventional, Exchange, Land Contract
Listed by Randy Hayer, DRE#01251542 Realty Executives Of Northern California
NEARBY SCHOOL & BUSINESS
8322 Clairemont Mesa Blvd Suite 206, Diego, California 92111, United States