Atwater, CA 95301,1306 Elm AVE
Atwater, CA 95301,1306 Elm AVE
Atwater, CA 95301,1306 Elm AVE
Atwater, CA 95301,1306 Elm AVE
Atwater, CA 95301,1306 Elm AVE
Atwater, CA 95301,1306 Elm AVE
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$335,000

$375,000

10.7%
Est.Price: ?

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Est. payment /mo

5 Beds

3 Baths

2,000 SqFt


SOLD DATE : 07/26/2023

Key Details

Sold Price $335,000

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,000 sqft

Price per Sqft $167

MLS Listing ID MC23105665

Sold Date 07/26/23

Bedrooms 5

Full Baths 3

HOA Y/N No

Year Built 1919

Lot Size 0.281 Acres

Property Description

Wow, what an incredible opportunity! Imagine owning not just one, but three homes on a single lot. This remarkable property allows you to enjoy the benefits of living in one unit while generating rental income from the others or generate income with all 3 units. The first two units feature spacious layouts with two bedrooms and one bathroom. The third unit is a cozy studio home. Situated on an expansive 12,236 square foot lot, there is plenty of room for outdoor activities,gardening, and/or future development.The property is zoned R-3/2.5, providing potential for various uses (buyer to conduct due diligence for specific details). Location-wise, this gem is conveniently located within blocks of Ralston Park, Merced County Library, restaurants, and the vibrant Downtown area. Whether you want to enjoy recreational activities or explore the lively atmosphere of the city, everything is just a few blocks away. Don't miss out on this exceptional opportunity to own a unique property with multiple income streams and incredible potential. The first home is a 1175 sq ft, 2 bedroom, 1 bath that has been fully refurbished but still has vintage charm with built-ins, wainscot, and 5 panel doors. Vinyl floors have been installed in the kitchen, bath, and laundry. There is new carpet in living room and bedrooms. The home has been freshly painted inside and out. Kitchen has been expanded with additional cabinets and upgraded with a center griddle gas range, range hood fan, and new refrigerator. The existing cabinets have been refurbished and new stainless steel sink and faucet installed. New hot water heater and evaporative cooler add comfort and economy to this quaint home. The second home is 1175 sq foot, 2 bedroom, 1 bath and third home is a 642 sq foot studio. Both are ready for you to upgrade and design to your own specifications. These additional homes are perfect for your college student and/or aging parents to be close by or you can rent them out for an income stream. Great fixer-upper project. Don’t miss out on this incredible and rare opportunity!

Location

State CA

County Merced

Zoning R-3 2.5

Rooms

Main Level Bedrooms 5

Interior

Cooling Wall/Window Unit(s)

Fireplaces Type None

Fireplace No

Laundry Laundry Room

Exterior

Pool None

Community Features Suburban

View Y/N Yes

View Neighborhood

Private Pool No

Building

Lot Description Rectangular Lot

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Schools

School District Atwater

Others

Senior Community No

Tax ID 002192018000

Acceptable Financing Submit

Listing Terms Submit

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Alifonso Mendoza • American Realty
Bought with Alifonso Mendoza • American Realty
agent-avatar

+1(858) 465-0993

lizz@lizzisyourrealtor.com

27465 Jefferson Ave # 117, Temecula, California, 92590

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