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Key Details
Sold Price $950,000
Property Type Multi-Family
Sub Type 5 or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 4,252 sqft
Price per Sqft $223
MLS Listing ID 225147400
Year Built 1940
Lot Size 0.920 Acres
Property Sub-Type 5 or More Units
Property Description
Welcome to 4621 Swanson Rd, a truly unmatched investment opportunity in the heart of Denair. This income-producing property is an investor paradise, featuring 7 separate rental units totaling 15 bedrooms and 8.5 bathrooms per seller. The layout includes five independent homes plus one duplex. The unit mix is three 3-bedroom homes, two 2-bedroom homes, and two 1-bedroom units which makes this property ideal for a wide range of tenants, from families to individuals. Every unit has its own utility hookups and individual address, simplifying management and creating a small community feel. Adding even more value, the property benefits from grandfathered zoning, allowing for a multi-unit configuration. Whether you're searching for a strong residual-income property or prefer to live in one unit and rent out the others, the versatility and income potential here are rare. This property can offer outstanding upside for both new and seasoned investors. Multi-unit opportunities of this size and configuration almost never hit the market you truly have to see it to believe it!
Location
State CA
County Stanislaus
Area 20205
Rooms
Other Rooms Unit-1 Bedrooms: 3 Full Baths: 2 Total Rooms: 7 Occupancy: Owner Unit-2 Bedrooms: 3 Full Baths: 1 Occupancy: Tenant Rent: 1750 Unit-3 Bedrooms: 3 Full Baths: 1 Partial Baths: 1 Occupancy: Owner Unit-4 Bedrooms: 2 Full Baths: 1 Occupancy: Tenant Rent: 900
Interior
Heating Fireplace(s), Wall Furnace, Wood Stove
Cooling Ceiling Fan(s), Wall Unit(s), Window Unit(s)
Flooring Carpet, Concrete, Tile, Wood, Varies by Unit
Laundry Washer/Dryer Owned, In Each Unit, Varies by Unit, Laundry Closet, Washer/Dryer Hookups
Exterior
Exterior Feature Yard Space
Parking Features Open, Carport, Detached, Garage, Uncovered, Varies by Unit
Utilities Available Electric
Roof Type Shingle,Composition
Building
Lot Description Corner
Story 2
Foundation Concrete, Raised, SeeRemarks
Sewer Septic System, Shared Septic
Water Shared Well
Schools
Elementary Schools Denair Unified
Middle Schools Denair Unified
High Schools Denair Unified
School District Stanislaus
Others
Special Listing Condition None
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Lance McHan
Broker Associate | License ID: 01987449
Broker Associate License ID: 01987449


