$410,000
$399,000
2.8%For more information regarding the value of a property, please contact us for a free consultation.
7,000 Sqft Lot
SOLD DATE : 07/31/2024
Key Details
Sold Price $410,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 41061465
Sold Date 07/31/24
HOA Y/N No
Year Built 1968
Lot Size 7,000 Sqft
Property Description
Discover a unique investment opportunity with this duplex, consisting of two single-family units attached only by the roof. Each unit has its own address: 607 East First Street and 1446 South American Street, and both are individually metered for water, gas, and electricity, with utilities paid by tenants. One unit has been recently updated, ensuring modern comforts for its residents. Both units are currently occupied by stable Section 8 tenants, providing reliable rental income. One tenant has a one-year lease, while the other is on a flexible month-to-month arrangement, ideal for either an investor or an owner-occupier. Situated on a generous 7,000 square foot lot, this property also offers potential for an Accessory Dwelling Unit (ADU), adding even more value and versatility. Please note that while the information provided is believed to be accurate, buyers are advised to conduct their own due diligence. Don't miss out on this incredible investment opportunity.
Location
State CA
County San Joaquin
Interior
Heating Wall Furnace
Flooring Laminate
Fireplace No
Exterior
Garage Carport, Garage, On Street
Parking Type Carport, Garage, On Street
Total Parking Spaces 2
Building
Sewer Public Sewer
Others
Tax ID 167150560000
Financing Conventional
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Bought with Alex Flores • Valley Capital Realty
15910 Ventura Blvd. Suite 101 Encino CA 91436, Encino, CA, 91436, USA