Introducing a fantastic investment opportunity: a 6-unit rental complex with three 2-bedroom, 1-bathroom units, and three 1-bedroom, 1-bathroom units. This property offers a great return on investment and is an ideal option for both seasoned investors and those looking to start or expand their real estate portfolio. The rental complex experiences strong demand for housing, making it a secure long-term investment. With its convenient location, tenants have easy access to amenities, schools, parks, and public transportation, ensuring a high occupancy rate and consistent rental income. Several units have been updated. Additionally, there is an additional structure on the property that could potentially be converted into a 7th unit. New sewer lines were installed on every unit in May 2023, connecting to the city sewer. Each unit has its own electric and gas meter.
Property Type :
ResidentialIncome
County :
Stanislaus
Style :
ResidentialIncome
Sell a home like this and save $38,441 Find Out How
ByOwner last updated this listing 06/17/2024 @ 11:00
MLS: 223106788
LISTED BY: Colin Hoogendoorn, HomeSmart PV & Associates
SOURCE: MLS Metrolist
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.
