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1873 Carter WAY Atwater, CA 95301
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Key Details
Sold Price $830,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID MC24232070
Sold Date 01/24/25
HOA Y/N No
Year Built 1974
Lot Size 0.450 Acres
Property Description
Discover this well-maintained fourplex in the heart of Atwater, an ideal addition to your investment portfolio. Boasting three updated units, each equipped with separate water meters, this property offers convenience for tenants and efficiency for owners. With a strong 7.1% cap rate, it's a standout opportunity in today's market.
Key highlights include a new roof that adds long-term value and peace of mind, plus proximity to shopping, activities, and easy freeway access. The fourth unit is a blank slate, offering potential for value-add upgrades.
Don't miss out on this rare opportunity to own a solid, income-producing property in a prime Atwater location. Schedule your showing today!
Location
State CA
County Merced
Zoning P-D 2
Interior
Heating Central
Fireplace No
Laundry Laundry Closet
Exterior
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Urban
Total Parking Spaces 2
Private Pool No
Building
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 002281001000
Acceptable Financing Cash, Conventional, 1031 Exchange, FHA, Submit
Listing Terms Cash, Conventional, 1031 Exchange, FHA, Submit
Financing Conventional
Special Listing Condition Standard
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Bought with Ranjeet Singh • Keller Williams Property Team