12
Beds
8
Baths
1.06
Acre Lot
Courtesy: eXp Realty of California Inc
Opportunity Knocks on this one of a kind 4 Plex. It is hard to find Fourplexes build after 2000 with particularly with 4 3 bedroom units! Each units also has its own laundry hookups This property is located on 1.06 Acres, Zoned R-3 with the possibility to build up to an additional 26 Units (according to the former owner). The sewer line has already been installed to the rear of the property, water is installed to the halfway mark and the balance of the utilities are stubbed to the lot and ready to extend (according to the former owner. Buyer should independently verify all land use and utility information. Additionally, despite the very respectable current GRM of 11.96. There is still a huge upside potential in rents over time according to Rentometer Pro. See the Rentometer Analysis attachments. Possible sub 10 GRM when rents are fully optimized over time.
224046996
Residential - Fourplex, Multi-Family, Contemporary, 2 Story
12
8 Full
2003
Stanislaus
1.06
Acres
Public
2
Frame,Stucco
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100
Walk Score
Transit Score
Bike Score
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Arrows indicate 90 day trend
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Courtesy: Ron Benning, eXp Realty of California Inc
Agent License: 01058898
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