$569,950

1105-1107 W G St, Oakdale, CA 95361

  • 2 beds |
  • 2 baths |
  • 2,266 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1930
  • Property Lot Size Icon6,499sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $252/sqft
  • Property List Date Icon Listed 1 month ago

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.

Listing Status:
Active
Listing Office:
Atlantic Realty : 6680501
Listing Agent:
David J Sousa : 209 6782646
MLS ID:
225139080
  • Rooms: Bedroom(s)Living RoomFull Bath(s)Kitchen
  • Kitchen: Pantry ClosetStone Counter
  • Appliances: Free Standing Gas RangeMicrowavePlumbed For Ice MakerOther
  • Dining: Formal AreaOther
  • Living Room: Other
  • Laundry: Inside Area
  • Flooring: CarpetTileWoodOther
  • A/C: Ceiling Fan(s)Central
  • Heating: CentralFireplace(s)
  • Fireplace: Living RoomFireplaces: 1
  • Other Structures: Shed(s)Storage
  • Parking: No GarageParking spaces: 0
  • Roofing: Composition
  • General: BrickStuccoFrameWoodOneOtherRaised
  • HOA Amenities: 0.0
  • Originating MLS: MLS Metrolist
  • School District: Stanislaus
  • County: Stanislaus
  • Zoning: 130-027-026-000
  • Fencing: Back YardWood
  • Utilities: Sewer In & ConnectedElectricSolarNatural Gas Connected220 Volts in LaundrySolar PlumbedSee Remarks
  • Water: Meter on SitePublic
  • Sewer: Public SewerOther
  • Source: MLS Metrolist

This listing courtesy of David J Sousa, Atlantic Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

M

Magnolia Elementary School

739 Magnolia St, Oakdale, CA, 95361

Grades KG-6

0.44 miles away

V

Valley Oak Junior and Senior High School

200 Hinkley Ave, Oakdale, CA, 95361

Grades 7-12

0.05 miles away

V

Valley Oak Junior and Senior High School

200 Hinkley Ave, Oakdale, CA, 95361

Grades 7-12

0.05 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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