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.
MLS #
ME224046996
MLS Source
MetroList Services, Inc.
Appliances
Dishwasher, Garbage Disposal, Oven Range - Electric
Flooring
Carpet, Tile
Cooling
Central Forced Air
Heating
Central Forced Air
Roof
Tile
Foundation
Slab, Concrete Perimeter and Slab
Style
Contemporary
Garage/Parking
Carport, Covered Parking, Garage: 0 Car(s)
Water
Public
HOA Fee
$0
Zoning
R3
Listing Agent
Ron Benning
eXp Realty of California Inc
License #: 01058898
Phone: (916) 730-3846
Co-Listing Agent
Shawn Mileham
eXp Realty of California Inc.
License #: 01271371
Phone: (916) 806-5496
# Buildings | # Leased Units | # Total Units |
---|---|---|
1 | 2 | 24 |
Unit # | Sq Ft | Beds | Baths | Rent |
---|---|---|---|---|
1 | 991 | 3 | 2/0 | $1,395 |
2 | 991 | 3 | 2/0 | $1,395 |
3 | 991 | 3 | 2/0 | $1,375 |
4 | 991 | 3 | 2/0 | $1,375 |
1415 Eucalyptus Ave is a Residential Income in Newman, CA 95360. This 3,964 square foot property sits on a 1.06 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $762,000 and was built in –.
This address can also be written as 1415 Eucalyptus Ave, Newman, CA 95360.©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.
This listing information is up-to-date as of June 03, 2024. For the most current information, please contact Ron Benning, (916) 730-3846