409 North 1st Street
409 North 1st Street
$1,995,500
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Description
10 Unit Garden Apartment Village in walking distance to downtown Patterson. The property is located in a Federal Opportunity Zone. 409 North First Street is a 10-unit Garden-style multi-family property in Patterson California. The First Street Village totals 10 units and are a unique investment opportunity within the Patterson market. This property is a high-yield investment opportunity that includes in-place cash flow and long-term tenants. Highlights include in-unit washers and dryer hookups, carports...10 Unit Garden Apartment Village in walking distance to downtown Patterson. The property is located in a Federal Opportunity Zone. 409 North First Street is a 10-unit Garden-style multi-family property in Patterson California. The First Street Village totals 10 units and are a unique investment opportunity within the Patterson market. This property is a high-yield investment opportunity that includes in-place cash flow and long-term tenants. Highlights include in-unit washers and dryer hookups, carports and gas stoves in the kitchens. Heat is provided via wall heaters and A/C via efficient window units. The potential of this investment can be further maximized through continued value-added initiatives, including exterior improvements, branding, and landscaping. Proximity to the commuter routes and easy access to downtown Patterson will continue to ensure that 409 North First Street remains one at a high occupancy rate. The property is conveniently located within walking distance of the Highway 33 and Las Palmas retail corridors and Public Schools. Strong job growth and expanding neighborhoods have placed a continual spotlight on Patterson for new residents seeking refuge from the San Francisco Bay Area.
- Listed by George Mac Master • DRE #01184629 • Mountain Valley Properties
Property Details for 409 North 1st Street
Parking Features
Carport
Architectural StyleBungalow
ZoningMedium Density Residential
View DescriptionOther
Location
LISTING UPDATED: 02/10/2024 12:30 PM
Property Details for 409 North 1st Street
Status | Active |
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MLS # | 223112124 |
Days on Compass | 158 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / 5 or More Units |
Year Built | 1945 |
Lot Size | 1.13 AC / 49,222 SF |
County | Stanislaus County |
Location
Building Information for 409 North 1st Street
Stories1Residences-Year Built1945Building Size-Lot Size1.13 AC / 49,222 SF
Payment Calculator
$11,356 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 409 North 1st Street
Property History for 409 North 1st Street
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 409 North 1st Street
Taxable ValueLand$220,951Additions$245,596Total$466,547
Tax Record2023$5,592 ($466 / month)
Home Facts
Baths10Total Finished SqFt753 SqFtAbove Grade Finished SqFt753 SqFtLot Size49,222 SqFtStyleMulti-Family Dwelling (2-4)Year Built1945CountySTANISLAUSAPN047-032-001-000
Schools near 409 North 1st Street
This home is within Patterson Joint Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 8 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Walnut Grove Elementary School PublicK to 8 | ||
Creekside Middle School Public6 to 8 | ||
Patterson High School Public9 to 12 | ||
Del Puerto High School Public9 to 12 |
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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