1525 Morgan Road
1525 Morgan Road
$1,050,000
2
1
—
—
—
Closed 10/18/22
Description
This is an excellent investment property that has 5 fully rented studios along with 2 apartment units. One unit is a 2 bedroom 1 bathroom that is currently rented, while the other unit is a 1 bedroom 1 bathroom that is currently resided in by the owner. The units and property have had recent updates to the kitchen, floors and parking lot. Included in the sale is the adjacent tire shop that is currently leased for $2500 a month (APN 086-001-033-000). The studios are each rented for $750 a month, and...This is an excellent investment property that has 5 fully rented studios along with 2 apartment units. One unit is a 2 bedroom 1 bathroom that is currently rented, while the other unit is a 1 bedroom 1 bathroom that is currently resided in by the owner. The units and property have had recent updates to the kitchen, floors and parking lot. Included in the sale is the adjacent tire shop that is currently leased for $2500 a month (APN 086-001-033-000). The studios are each rented for $750 a month, and the 2 bedroom unit has a monthly rent of $900 a month. Current Gross Annual Income is $85,800
- Listed by Noel Salonga • DRE #01713058 • Reed Realty
- Listed by Eric Salonga • DRE #01905470 • Reed Realty
Property Details for 1525 Morgan Road
Parking Features
Uncovered
ZoningResidential / Commercial
Location
LISTING UPDATED: 10/20/2022 12:59 PM
Property Details for 1525 Morgan Road
Status | Closed |
---|---|
MLS # | 222089119 |
Days on Compass | 84 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / 5 or More Units |
Year Built | 1949 |
Lot Size | 0.29 AC / 12,501 SF |
County | Stanislaus County |
Location
Building Information for 1525 Morgan Road
Stories-Residences7Year Built1949Building Size-Lot Size0.29 AC / 12,501 SF
Payment Calculator
$5,846 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 1525 Morgan Road
Property History for 1525 Morgan Road
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1525 Morgan Road
Taxable ValueLand$65,000Additions$56,500Total$121,500
Tax Record2023$1,395 ($116 / month)
Home Facts
Total Finished SqFt612 SqFtAbove Grade Finished SqFt612 SqFtLot Size6,098 SqFtStyleMiscellaneous CommercialYear Built1960CountySTANISLAUSAPN086-001-033-000
Schools near 1525 Morgan Road
This home is within Ceres Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 6 | |||
Public - | 7 to 8 | |||
Public - | 9 to 12 | |||
Charter - | K to 5 |
Rating | School | Distance |
---|---|---|
Westport Elementary School PublicK to 6 | ||
Blaker-Kinser Junior High School Public7 to 8 | ||
Central Valley High School Public9 to 12 | ||
Aspire Summit Charter Academy CharterK to 5 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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