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Key Details
Sold Price $550,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID V1-15239
Sold Date 04/04/23
Bedrooms 2
HOA Y/N No
Lot Size 3,484 Sqft
Property Description
Welcome to the Central Valley and all the beauty that Newman has to offer! Located in the heart of California's agricultural center and known for its annual Fall Festival and small town charm, the City of Newman retains its rural flavor while keeping up with larger more-urbanized communities.Multi-tenant investment. Here is your chance to invest in the jewel of the West Side of California's central valley. Sale includes 1217 & 1219 Main st. The 2015 sq ft (buyer to verify square footage) commercial property was recently a dance studio with 3 offices, a bathroom and a large backyard. Upstairs apartment is a lovely 2/1, 1300 sq ft (buyer to verify square footage) with views of Main st. There is also a two car garage located in the alley. Rental rates estimated to be; apartment: $1450-$1650/month. Commercial space: $1800-$2000. Currently both units are empty and ready for the tenant placement. Contact Listing Agent for showing information.
Welcome to the Central Valley and all the beauty that Newman has to offer! Located in the heart of California's agricultural center and known for its annual Fall Festival and small town charm, the City of Newman retains its rural flavor while keeping up with larger more-urbanized communities.Multi-tenant investment. Here is your chance to invest in the jewel of the West Side of California's central valley. Sale includes 1217 & 1219 Main st. The 2015 sq ft (buyer to verify square footage) commercial property was recently a dance studio with 3 offices, a bathroom and a large backyard. Upstairs apartment is a lovely 2/1, 1300 sq ft (buyer to verify square footage) with views of Main st. There is also a two car garage located in the alley. Rental rates estimated to be; apartment: $1450-$1650/month. Commercial space: $1800-$2000. Currently both units are empty and ready for the tenant placement. Contact Listing Agent for showing information.
Location
State CA
County Stanislaus
Area Newman (95360)
Building/Complex Name Kesterson National Wildlife Refuge
Zoning Assessor
Interior
Cooling Central Forced Air
Appliance Combination Heating
Exterior
Exterior Feature Other/Remarks
Building
Lot Description Curbs, Sidewalks
Story 2
Level or Stories 2 Story
Others
Acceptable Financing Cash, Conventional, Exchange
Space Rent $1,650
Listing Terms Cash, Conventional, Exchange
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Bought with Nonmember Nonmember • Nonmember Office
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