Oakdale, CA 95361,1107 W G ST
Oakdale, CA 95361,1107 W G ST
Oakdale, CA 95361,1107 W G ST
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$569,950
Est. payment /mo
2,266 SqFt
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Key Details

Property Type Multi-Family

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 2,266 sqft

Price per Sqft $251

MLS Listing ID 225139667

HOA Y/N No

Year Built 1930

Lot Size 6,499 Sqft

Acres 0.1492

Property Sub-Type Other

Source MLS Metrolist

Property Description

This is a highly compelling dual-income investment opportunity featuring two separate, updated, and currently tenant-occupied homes on one lot. Homes include a spacious 2 bedroom, 2 bathroom residence with approximately 1,570 sq ft of living space and potential 3rd bedroom, and a 1 bedroom, 1 bathroom second home with approximately 696 sq ft of living space. The property boasts exceptional energy efficiency and reduced long-term maintenance thanks to the sellers many updates starting in 2019, including but not limited to, updated roofs, insulation, AC units, and water heaters as well as many cosmetic updates throughout both homes. The most significant financial benefit is the oversized solar system also installed in 2019, which the seller will pay off in full at the close of escrow. This transfer eliminates the debt and provides the new owner with a system engineered to cover up to 125% of annual energy usage, effectively eliminating high utility generation charges and maximizing Net Operating Income leaving only mandatory minimum utility service fees that apply when applicable. This is a genuinely turnkey asset.

Location

State CA

County Stanislaus

Area 20202

Direction 108 to S Wood to S G St

Rooms

Other Rooms Unit-1 Approx SqFt: 1570 Bedrooms: 2 Full Baths: 2 Occupancy: Tenant Rent: 1850 SqFt Source: Tax Record Unit-2 Approx SqFt: 696 Bedrooms: 1 Full Baths: 1 Occupancy: Tenant Rent: 1500 SqFt Source: Tax Record

Interior

Heating Central, Fireplace(s)

Cooling Ceiling Fan(s), Central

Flooring Carpet, Tile, Wood, Other

Appliance Free Standing Gas Range, Microwave, Plumbed For Ice Maker

Laundry In Each Unit

Exterior

Parking Features Carport

Utilities Available Sewer In & Connected, Electric, Solar, Natural Gas Connected

Water Access Desc Meter on Site,Public

Roof Type Composition

Porch Covered Patio

Total Parking Spaces 2

Building

Lot Description Landscape Front

Story 1

Foundation Raised

Sewer Public Sewer

Water Meter on Site, Public

Schools

Elementary Schools Oakdale Joint

Middle Schools Oakdale Joint

High Schools Oakdale Joint

School District Stanislaus

Others

Senior Community No

Tax ID 130-027-026-000

Special Listing Condition None


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MetroList® Services, Inc
Listed by Atlantic Realty

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Lance McHan

Lance McHan

+1(209) 986-9292

Broker Associate | License ID: 01987449

Broker Associate License ID: 01987449

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