2004 Pleasant Ave, Ceres

$895,000

0 Beds
0 Baths
½ Acres
0 Garages

This is an 8 unit property with four separate buildings and is situated within a half mile of Highway 99. The property has two duplexes, one triplex, and one single family home. Each unit is a 2-bedroom, 1-bath and comes equipped with in-unit washer and dryer hookups. Tenants are within half a mile of Don Pedro Elementary School, Central Valley High School, and have a local grocery store within walking distance. The City of Ceres is well located and provides residents with easy access to the valley's main corridor, Highway 99, and offers a quaint Downtown with local shops and restaurants. Rents on this property are approximately 20% below market. When combined with utility bill back opportunity, this property offers significant buyer upside. This is a great, well-priced opportunity for an investor looking to grow their multifamily portfolio.

Essential Information
MLS® #20009862
Price$895,000
Acres0.50
Year Built1947
TypeResidential Income
Sub-Type5 or More Units
StatusActive
Community Information
Address2004 Pleasant Ave
Area20106
CityCeres
CountyStanislaus
StateCA
Zip Code95307-3535
Amenities
AmenitiesNone
Parking1 Space Per Unit
Interior
AppliancesVaries by Unit
HeatingFurnace Wall, Varies by Unit
CoolingVaries by Unit, Window
Stories1 Story
Exterior
ExteriorStucco
RoofComp Shingle
ConstructionFrame
School Information
DistrictStanislaus
ElementaryCeres Unified
MiddleCeres Unified
HighCeres Unified
Additional Information
ZoningR3
Office

Colliers Parrish Intenational Inc.

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Listings marked with V* indicate the seller is willing to entertain offers within a Listing Price range. For example, a Price of $140,000-$170,000 indicates the seller will entertain offers from $140,000 to $170,000.

Listing information last updated on April 9th, 2020 at 6:51pm PDT.