This property consists of four duplexes for a total of 8 units and sits within a half mile of Highway 99. Each unit is a 2-bedroom and equipped with a single car garage, in-unit washer and dryer hookups, and recently remodeled kitchens in some units. Tenants are within walking distance to the Elementary School, High School, and Downtown Ceres, where you'll find local shops, bars and restaurants. Just over a mile away tenants have access to several national retailers including Home Depot, Ross, Big 5, Starbucks, and many more. This property offers significant upside to prospective buyers via increasing rents to market, implementing a utility bill back system, and the potential of converting units to 3-bedrooms. This is a rare opportunity with the average price per unit on duplexes in the area selling for over $150,000 per unit.
|--||New Value: $1,100,000|
|1/21/2020 12:45:00 PM|