$550,000
$550,000
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10,019 Sqft Lot
SOLD DATE : 03/29/2021
Key Details
Sold Price $550,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 221001505
Sold Date 03/29/21
HOA Y/N No
Originating Board MLS Metrolist
Year Built 1983
Lot Size 10,019 Sqft
Acres 0.23
Property Description
1200 W Canal Dr is a fourplex situated between Geer Rd and Highway 99 in Turlock. The property offers all 2-bedroom, 1-bathroom units. Three of the units have been updated within the last two years and all units have had the HVAC units replaced within the last year. There is an on-site laundry facility that brings in an estimated $100 per month. There are very few opportunities to get into the Turlock multifamily market at under $150,000 per unit. Buyers have an opportunity here to add value through completing unit remodels, tackling some deferred maintenance, and bumping rents up to market.
Location
State CA
County Stanislaus
Area 20304
Direction South on Golden State Blvd, Right on Canal Dr, Corner of Canal and Soderquist
Interior
Heating Central
Cooling Central
Flooring Laminate, Vinyl, Linoleum
Exterior
Garage Carport
Building
Story 1
Schools
Elementary Schools Turlock Unified
Middle Schools Turlock Unified
High Schools Turlock Unified
School District Stanislaus
Others
Senior Community No
Tax ID 061-040-028
Special Listing Condition None
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Bought with PMZ Real Estate