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409 N 1st Street Patterson, CA $ 1,995,500
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$ 1,995,500 Get more info
409 N 1st Street
$ 1,995,500
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409 N 1st Street

Patterson, CA, 95363
$ 1,995,500
Baths0.0

Monthly Estimate*

$ 13,263

409 N 1st Street, Patterson, CA 95363 - Image 1
409 N 1st Street, Patterson, CA 95363 - Image 2
409 N 1st Street, Patterson, CA 95363 - Image 3
409 N 1st Street, Patterson, CA 95363 - Image 4
Studio

Multi-Family Home for sale in Patterson, CA

for $1,995,500. This home was built in 1945 on a lot size of 1.13.

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.

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Multi-Family Active

Price

$ 1,995,500

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Bungalow

Lot Size

1.13

Year Built

1945

Town/City

Patterson

County/Region

Stanislaus

MLS | Web ID

223112124
Features
General
Sewer In & Connected
Heating Wall Furnace
Cooling Wall Unit(s)
Utilities Electric
Roof Composition
Appliances Free Standing Gas Oven Free Standing Gas Range Gas Water Heater
Unit 4 Rent 0
Unit 2 Rent 0
Unit 3 Rent 0
Unit 1 Rent 0
HOA 0
Garage Spaces 0.0
Patio/Porch Features Other
Architectural Style Bungalow
Construction Materials Frame
Year Built 1945
Tenant Pays Other
View Other
Stories 1
Levels One
Property SubType 5 or More Units
Elevation 0
County Stanislaus
Property Type ResidentialIncome
HOA / Comm Assn N
Total Rooms 0
Close Price 0.0
Status Active
Directions From Interstate 5 take Sperry Avenue to (L) First Street travel North Property is on the right.
City Patterson
Buyer Agent Compensation 2
High School District Patterson Joint
Zoning Description Medium Density Residential
Open Parking Spaces 10.0
NumberOfUnitsTotal 0
MLS Area 20308
Lot Size Square Feet 49223.0
Carport Spaces 10.0
Street Name 1st
Standard Status Active
Middle/Junior School District Patterson Joint
Elementary School District Patterson Joint
Year Built Source Owner
Buyer Agent Compensation Type Percent
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Interior
Basement None
Flooring Tile
Total Stories 1
Furnished Units None
Unit 1 Full Baths 0
Unit 2 Full Baths 0
Unit 3 Full Baths 0
Window Features Other
Street Suffix Street
Laundry Features Other
Unit 1 Bedroom Units Total 0
Unit 2 Bedroom Units Total 0
Unit 3 Bedroom Units Total 0
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Exterior
Parking Features Carport
Lot Features Shape Regular
Water Source Public
Total Parking 20.0
Foundation Details Slab
Number of Buildings 10
Lot Size Acres 1.13
Lot Size Source Assessor Auto-Fill
Covered Spaces 10.0
Other Equipment None
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Internal Only
Street Number 1 409
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* Excluded Features
List By
Mountain Valley Properties

Broker

mac@gvni.com

Email

Affordability Calculator

$13,263
Per Month
100%
0%
0%
Monthly Principal & Interest
$13,263
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3193672 Elementary School
3193722 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
2/10/2024 $1,995,500 Listed Price

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409 N 1st Street, Patterson, CA, 95363 is a Multi-Family Home for sale at $1,995,500 with a lot size of 1.13. 409 N 1st Street is a studio with 0.0 baths and was built in 1945. The property's zip code is 95363 which is in Patterson, CA

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