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!
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!
Property Details
Price:
$850,000
MLS #:
MC24232070
Status:
Active
Baths:
0
Address:
1873 Carter Way
Type:
Residential Income
Subtype:
Quadruplex
City:
Atwater
Listed Date:
Nov 11, 2024
State:
CA
ZIP:
95301
Lot Size:
19,611 sqft / 0.45 acres (approx)
Year Built:
1974
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Schools
Interior
Heating
Central
Exterior
Community Features
Urban
Garage Spaces
2.00
Lot Features
Lot 10000-19999 Sqft
Parking Spots
2.00
Pool Features
None
Sewer
Public Sewer
Stories Total
1
Water Source
Public
Financial
Map
Community
- Address1873 Carter Way Atwater CA
- CityAtwater
- CountyMerced
- Zip Code95301
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Courtesy of BHGRE Everything Real Estate. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
1873 Carter Way
Atwater, CA
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