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Listed by: Eric Jaurique-Pouncey (209) 383-7653 DRE #02154006 | BHGRE Everything Real Estate (209) 383-7653
$720,000
12 Beds
- 4 Baths
--sqft
562 Fortuna, Atwater, CA 95301
$720,000
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Quadruplex
Built in 1990
$-- HOA
9,300 sqft lot
--/sqft
Description
Searching for a 3-bedroom fourplex in Atwater with strong rental income and future upside? 562 Fortuna Ave generates $4,815 per month in current rent, with pro forma rents at $1,600 per unit. The property offers a projected 7%+ cap rate using a 30% expense ratio.
Each of the four units includes 3 bedrooms, 1 bathroom, and in-unit laundry hookups, totaling 3,536 square feet on a 9,300 square foot lot. One unit was fully remodeled in 2022, and the building received a new roof that same year. A large on-site parking lot offers easy access for all tenants.
Located near In-Shape, Bellevue Bowl, shopping, and dining, this multifamily asset combines convenience with lo...
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1990
HOA Fees
-
Finished Area
- sqft
Lot Size
9,300 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
MC25278759
MLS Status
Active
Days on Market
1
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