Thank you
George Mac Master
Mountain Valley Properties
Check Mortgage Rates and Get Pre-Approved
10 Unit Garden Apartment Village in walking distance to downtown Patterson. The property is located in a Federal Opportunity Zone. 409 North First Street is a 10-unit Garden-style multi-family property in Patterson California. The First Street Village totals 10 units and are a unique investment opportunity within the Patterson market. This property is a high-yield investment opportunity that includes in-place cash flow and long-term tenants. Highlights include in-unit washers and dryer hookups, carports and gas stoves in the kitchens. Heat is provided via wall heaters and A/C via efficient window units. The potential of this investment can be further maximized through continued value-added initiatives, including exterior improvements, branding, and landscaping. Proximity to the commuter routes and easy access to downtown Patterson will continue to ensure that 409 North First Street remains one at a high occupancy rate. The property is conveniently located within walking distance of the Highway 33 and Las Palmas retail corridors and Public Schools. Strong job growth and expanding neighborhoods have placed a continual spotlight on Patterson for new residents seeking refuge from the San Francisco Bay Area.
Sell a home like this and save $119,231 Find Out How
Window Feature : Other
Sewer: In & Connected
Roof : Composition
Appliances : Free Standing Gas Oven,Free Standing Gas Range,Gas Water Heater
Laundry Features: Other
Composition
Tile
Heating: Wall Furnace
Cooling: Wall Unit(s)
Water Source: Public
Year Built: 1945
Stories: 1
Construction: Frame
Basement: None
Roof: Composition
Foundation Details: Slab
Foundation Details: Slab
Porch: Other
Other
Other
Lot Description: Shape Regular
Lot Square Feet: 49,223
Stories: 1
Property Type: ResidentialIncome
Sub Type: 5 or More Units
Style: Bungalow
Construction Materials: Frame
Property Age: 79
Cross Street: Washburn
Source Neighborhood: 20308
Postal Code Plus 4: 2446
Area: Patterson S: 95363
Zoning: Medium Density Residential
Structure Type: Garden Apartments
Irrigation Source: None
Listing Id: 223112124
List Price: $1,995,500
Parcel Number: 047-032-001-000
Parking Total: 20
Carport
Association YN : No
Calculated Total Monthly Association Fees : $0
Elementary School District: Patterson Joint
Junior High School District: Patterson Joint
Senior High School District: Patterson Joint
Electric
Direction: From Interstate 5 take Sperry Avenue to (L) First Street travel North Property is on the right.
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
Dorset Drive, Patterson, CA,95363 | $579,900 | 4 | 3 | 2,309 | -- |
20625 Sarazen Place, Patterson, CA,95363 | $500,000 | 5 | 4 | 2,685 | -- |
Elfers Road, Patterson, CA,95363 | $2,595,000 | 5 | 6 | 4,781 | -- |
Grapevine Drive, Patterson, CA,95363 | $448,000 | 3 | 3 | 1,802 | -- |
Steel Creek Drive, Patterson, CA,95363 | $564,999 | 3 | 3 | 2,827 | -- |
N 1st Street, Patterson, CA,95363 | $675,000 | 3 | 2 | 1,300 | -- |
Cabernet Court, Patterson, CA,95363 | $650,000 | 5 | 3 | 3,011 | -- |
S 7th Street, Patterson, CA,95363 | $499,000 | 3 | 2 | 1,568 | -- |
Vintner Circle, Patterson, CA,95363 | $450,000 | 3 | 3 | 2,036 | -- |
Demsey, Patterson, CA,95363 | $519,900 | 4 | 3 | 2,355 | -- |
ByOwner last updated this listing 05/21/2024 @ 20:36
MLS: 223112124
LISTED BY: George Mac Master, Mountain Valley Properties
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.