540 North Avenue

    Gustine, CA 95322
    • $330,000
    • STATUS: Active
    • ON SITE: 180 days
    • MLS #: 18016181
    UPDATED: 27 min ago
    $330,000
    • 0
      BEDS
    • 0.12
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:

    Description

    Rare Income Property! 8.4 % Cap rate (Pro Forma) with more possible with the addition of 4th unit. 3 units, one duplex and stand alone home on property zoned R-4 which allows another unit to be built (Buyer to verify with city). The 2 story duplex has been recently remodeled/updated. The one bedroom house and one the duplex units are currently rented, the other side is empty awaiting your new tenants! Great location right across form the High School

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    © 2018 MetroList® MLS. All rights reserved. All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data last updated 2018-09-23T10:39:37.317. MetroList® MLS Terms of Use. IDX provided by BoomTown.
    www.thedelrealgroup.com/homes/81996975

    540 North Avenue Gustine, CA 95322

    • Price: $330,000
    • Status: Active
    • Updated: 27 min ago
    • MLS #: 18016181
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.12
    Acres
    Neighborhood:
    Gustine
    County:
    Merced
    Area:
    Gustine
    Elementary School:
    Gustine Unified
    Middle School:
    Gustine Unified
    High School:
    Gustine Unified
    School District:
    Merced
    Property Description
    Rare Income Property! 8.4 % Cap rate (Pro Forma) with more possible with the addition of 4th unit. 3 units, one duplex and stand alone home on property zoned R-4 which allows another unit to be built (Buyer to verify with city). The 2 story duplex has been recently remodeled/updated. The one bedroom house and one the duplex units are currently rented, the other side is empty awaiting your new tenants! Great location right across form the High School
    Exterior Features

    Approx Elevation 0 Construction Concrete BlockWood Covered Parking Spaces 0 Exterior StuccoWood Parking 1 Space Per Unit Roof Comp ShingleTile Stories 2 Stories Description Multi-Level Uncovered Parking Spaces 0

    Interior Features

    Air CentralVaries By UnitWindow Equipment Antenna DishCable Tv AvailableVaries By Unit Floor Coverings CarpetLinoleum/Vinyl Furnished None Heat CentralNatural Gas Kitchen Appliances Range Elec F/SRefrigerator F/S Unit1 Bedrooms 2 Unit1 Full Baths 1 Unit1 Half Baths 1 Unit1 Sq Ft 900 Unit2 Bedrooms 0 Unit2 Full Baths 0 Unit2 Half Baths 0 Unit2 Sq Ft 0 Unit3 Bedrooms 0 Unit3 Full Baths 0 Unit3 Half Baths 0 Unit3 Sq Ft 0 Unit4 Bedrooms 0 Unit4 Full Baths 0 Unit4 Half Baths 0 Unit4 Sq Ft 0

    Property Features

    1 Bedroom Units 1 2 Bedroom Units 2 3 Bedroom Units 0 Amenities Lndry H-Up Tnt Units Auction No CCRs No Cross Street Address 5th Street Energy Features Dual Pane Partial HOA No Hoa Dues 0 HUD No Individual Units 3 Multifamily Type Other Studio Units 0 Tenant Pays CableElectricGas/Propane Total Leasable 3 Unit1 Rent 950 Unit2 Rent 0 Unit3 Rent 0 Unit4 Rent 0 Year Built Exception Unknown Year Remodeled 0 Zoning R-4

    Listing provided courtesy of Douglas J. Lucas Real Estate. Listing information © 2018 MetroList Services, Inc.


    © 2018 MetroList® MLS. All rights reserved. All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data last updated 2018-09-23T10:39:37.317. MetroList® MLS Terms of Use. IDX provided by BoomTown.
     
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