2004 Pleasant Avenue

    Ceres, CA 95307
    • $895,000
    • STATUS: Active
    • ON SITE: 49 days
    • MLS #: 20009862
    UPDATED: 9 min ago
    $895,000
    • 0
      BEDS
    • 0.5
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1947
    County:

    School Information

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

    Description

    This is an 8 unit property with four separate buildings and is situated within a half mile of Highway 99. The property has two duplexes, one triplex, and one single family home. Each unit is a 2-bedroom, 1-bath and comes equipped with in-unit washer and dryer hookups. Tenants are within half a mile of Don Pedro Elementary School, Central Valley High School, and have a local grocery store within walking distance. The City of Ceres is well located and provides residents with easy access to the valley's main corridor, Highway 99, and offers a quaint Downtown with local shops and restaurants. Rents on this property are approximately 20% below market. When combined with utility bill back opportunity, this property offers significant buyer upside. This is a great, well-priced opportunity for an investor looking to grow their multifamily portfolio.

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    © 2020 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 2020-04-09T22:38:08.737. MetroList® MLS Terms of Use. IDX provided by BoomTown.
    www.merlinohometeam.com/homes/103359483

    2004 Pleasant Avenue Ceres, CA 95307

    • Price: $895,000
    • Status: Active
    • Updated: 9 min ago
    • MLS #: 20009862
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.5
    Acres
    1947
    Built
    Neighborhood:
    Ceres West of Hwy 99
    County:
    Stanislaus
    Area:
    Ceres West of Hwy 99
    Elementary School:
    Ceres Unified
    Middle School:
    Ceres Unified
    High School:
    Ceres Unified
    School District:
    Stanislaus
    Property Description
    This is an 8 unit property with four separate buildings and is situated within a half mile of Highway 99. The property has two duplexes, one triplex, and one single family home. Each unit is a 2-bedroom, 1-bath and comes equipped with in-unit washer and dryer hookups. Tenants are within half a mile of Don Pedro Elementary School, Central Valley High School, and have a local grocery store within walking distance. The City of Ceres is well located and provides residents with easy access to the valley's main corridor, Highway 99, and offers a quaint Downtown with local shops and restaurants. Rents on this property are approximately 20% below market. When combined with utility bill back opportunity, this property offers significant buyer upside. This is a great, well-priced opportunity for an investor looking to grow their multifamily portfolio.
    Exterior Features

    Approx Elevation 0 Construction Frame Covered Parking Spaces 0 Exterior Stucco Parking 1 Space Per Unit Roof Comp Shingle Stories 1 Uncovered Parking Spaces 0

    Interior Features

    Air Varies By UnitWindow Equipment Varies By Unit Floor Coverings Varies By Unit Furnished None Heat Furnace WallVaries By Unit Kitchen Appliances Varies By Unit Unit1 Bedrooms 2 Unit1 Full Baths 1 Unit1 Half Baths 0 Unit1 Sq Ft 700 Unit2 Bedrooms 2 Unit2 Full Baths 1 Unit2 Half Baths 0 Unit2 Sq Ft 700 Unit3 Bedrooms 2 Unit3 Full Baths 1 Unit3 Half Baths 0 Unit3 Sq Ft 700 Unit4 Bedrooms 2 Unit4 Full Baths 1 Unit4 Half Baths 0 Unit4 Sq Ft 700

    Property Features

    1 Bedroom Units 0 2 Bedroom Units 8 3 Bedroom Units 0 Amenities None CCRs No Cross Street Address N Central Ave Energy Features Varies By Unit HOA No Hoa Dues 0 Individual Units 8 Multifamily Type 5 Or More Units Special Listing Condition None Studio Units 0 Tenant Pays ElectricGas/Propane Total Leasable 8 Unit1 Rent 845 Unit2 Rent 845 Unit3 Rent 845 Unit4 Rent 845 Year Remodeled 0 Zoning R3

    Listing provided courtesy of Colliers Parrish Intenational Inc.. Listing information © 2020 MetroList Services, Inc.


    © 2020 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 2020-04-09T22:38:08.737. MetroList® MLS Terms of Use. IDX provided by BoomTown.
     
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