10 Unit Garden Apartment Village in walking distance to downtown Patterson. The property is located in a Federal Opportunity Zone. 409 North First Street is a 10-unit Garden-style multi-family property in Patterson California. The First Street Village totals 10 units and are a unique investment opportunity within the Patterson market. This property is a high-yield investment opportunity that includes in-place cash flow and long-term tenants. Highlights include in-unit washers and dryer hookups, carports and gas stoves in the kitchens. Heat is provided via wall heaters and A/C via efficient window units. The potential of this investment can be further maximized through continued value-added initiatives, including exterior improvements, branding, and landscaping. Proximity to the commuter routes and easy access to downtown Patterson will continue to ensure that 409 North First Street remains one at a high occupancy rate. The property is conveniently located within walking distance of the Highway 33 and Las Palmas retail corridors and Public Schools. Strong job growth and expanding neighborhoods have placed a continual spotlight on Patterson for new residents seeking refuge from the San Francisco Bay Area.
MLS #
ME223112124
MLS Source
MetroList Services, Inc.
Days on Site
191
Buyer's Brokerage Compensation*
2
Appliances
Other, Oven - Gas, Oven Range - Gas
Flooring
Tile
Cooling
Window/Wall Unit
Heating
Wall Furnace
Roof
Composition, Rolled/Hot Mop
Foundation
Slab
Style
Bungalow
Garage/Parking
Carport, Carport(s) - Awning, Garage: 0 Car(s)
Water
Public
HOA Fee
$0
Zoning
Medium Density Residentia
# Buildings | # Leased Units | # Total Units |
---|---|---|
10 | 10 | – |
Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
---|---|---|---|---|---|---|
1 | 0 | 0 | 0/0 | – | – | – |
409 N 1st St is a Residential Income in Patterson, CA 95363. This 7,945 square foot property sits on a 1.13 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,995,500 and was built in 1945.
This address can also be written as 409 N 1st St, Patterson, CA 95363.©2024 MetroList Services, Inc. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from MetroList Services, Inc.
Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.
* The offer of compensation is made subject to the MLS rules where the listing is filed. Please contact your agent for any questions concerning this subject matter.
This listing information is up-to-date as of February 10, 2024. For the most current information, please contact George Mac Master, (209) 892-8300