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Key Details
Sold Price $660,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID MC23111527
Sold Date 10/31/23
HOA Y/N No
Year Built 1946
Annual Tax Amount $5,437
Lot Size 5,832 Sqft
Property Description
4 UNITS - FULLY OCCUPIED - Amazing turn-key opportunity for the savvy investor! Beautiful purpose-built, highly-maintained FOUR-PLEX in historic downtown Sonora. Almost 3,900 SF! Excellent location within easy walking distance of schools, parks, downtown shopping and dining. Charming LARGE downstairs unit is almost 1,750 SF. and would be perfect for owner-occupancy or a large family! Downstairs unit features 3 large bedrooms, 2 1/2 bathrooms, gorgeous hardwood floors in living room, dining area, and hallway. Updated eat-in kitchen features newer cabinets, countertops, appliances, and fixtures, with lots of windows and natural light. This unit also has a large utility room, covered rear patio area, and a 1-car garage. The 3 VERY NICE upstairs units each feature 1BR/1BATH, and all have been appropriately updated for maximum appeal. Each 1BR/1BATH unit is similar in floor-plan, and each unit is approx. 715 SF. Plus, coin-op washer/dryer in the basement for tenant use, plenty of street parking, 4 separate electrical meters, and large basement storage area. A truly OUTSTANDING property - Yearly rental income = $77,940.00 / excellent CAP rate 7.34% - MUST SEE!
Location
State CA
County Tuolumne
Interior
Interior Features Built-in Features, Laminate Counters, Storage, Unfurnished, Galley Kitchen, Jack and Jill Bath
Heating Electric, See Remarks
Cooling Evaporative Cooling, Electric, Wall/Window Unit(s)
Flooring Carpet, Vinyl, Wood
Fireplaces Type None
Fireplace No
Appliance Electric Oven, Electric Range, Electric Water Heater, Vented Exhaust Fan, Water Heater, Dryer, Washer
Laundry Common Area, Washer Hookup, Electric Dryer Hookup, See Remarks
Exterior
Exterior Feature Rain Gutters
Garage Concrete, Driveway Level, Door-Single, Driveway, Garage, Garage Faces Side
Garage Spaces 1.0
Garage Description 1.0
Fence Chain Link, Partial, Wood
Pool None
Community Features Gutter(s), Storm Drain(s), Street Lights, Sidewalks
Utilities Available Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected
View Y/N No
View None
Roof Type Composition
Accessibility None
Total Parking Spaces 5
Private Pool No
Building
Lot Description Corner Lot, Front Yard, Near Public Transit, Rectangular Lot, Yard
Faces West
Story 2
Entry Level Three Or More
Foundation Concrete Perimeter, Pillar/Post/Pier, Raised
Sewer Public Sewer
Water Public
Architectural Style Contemporary, Craftsman
Level or Stories Three Or More
New Construction No
Others
Senior Community No
Tax ID 002163003000
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Financing Conventional
Special Listing Condition Standard
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Bought with R. Steve Pierce • KW Advisors Fremont