Comm Ri Multi-units 5+ For Sale
8,500 Sqft - 6609 Third St., Riverbank, OTHER - SEE REMARKS, California 95358
Property Description
28-ROOM WEEKLY RESIDENTIAL HOTEL. NEARLY ALWAYS 100% FULL w/WAITING LIST. 10.9 CAP RATE! A REAL MONEY-MAKER. GREAT CASH FLOW. JUST REMODELLED: NEW ROOF, ELEC, PLUMBING, FENCE, PAINT, CPT, ETC. GREAT MANAGER IN PLACE. HISTORIC BUILDING LOADED w/CHARM. GOOD, STEADY TENANTS, MANY LONG-TERM.
Basic Details
Property Type : Comm Ri Multi-units 5+
Listing Type : For Sale
Listing ID : 40100079
Price : $1,250,000
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 8,500 Sqft
Year Built : 1914
Lot Area : 0.20 Sqft
Features
Heating System : Steam
Cooling System : Other, Ceiling Fan(s), Window/wall Unit(s)
Roof : Other
Address Map
Country : US
State : CA
City : OTHER - SEE REMARKS
Zipcode : 95358
Street : Third St., Riverbank
Street Number : 6609
Floor Number : 0
Longitude : W122° 53' 26.1''
Latitude : N37° 37' 35''
MLS Addon
Office Name : CCI Real Estate
Building Type : Lowrise (1-3 Flrs)
Area : Stanislaus County
Address : 6609 Third St., Riverbank
Cross Street : Modesto Area
Directions to Property : Modesto Area
LA1User Code : 206513396
LA1Agent First Name : Andy
LA1Agent Last Name : Tallone
Status Category : Sold
Tot # Parking Spaces : 18
Tot # of Units : 28
Zoning : Comm
List $/SqFt : $147
Age : 99
Apx Lot Sq Ft : 9,375 Sqft
Type of Building : Lowrise (1-3 Flrs)
Annual Taxes : $6,107
Total Deposits : $0
ADDTL FEATURES MISC. : Wired For Cable Tv, Garden, Extra Storage
ALL UNITS HAVE : Other
DISABLED FEATURES : Other
EQUIPMENT ADDITIONAL : Dryer, Washer, Water Heater Gas
EXTERIOR : Stucco, Wood Frame
FLOORING : Vinyl, Carpet
LOT DESCRIPTION : Level, Corner
ON-SITE PARKING DESC : Parking Area
OPERATING EXPENSES : Electric, Gas, Insurance, Maintenance/repair, Management, License/ads, Property Tax/assessments, Trash Removal, Utilities, Vacancy Factor, Water
TENANT PAYS : Cable Tv, Other
WATER/SEWER : Water - Public, Sewer System - Public
LAUNDRY : In Laundry Room, Dryer, Washer, Coin Operated, Laundry Equip - Owned, Common Room, 220 Volt Outlet
Census Tract : 132-011-
Bus Sq Ft of Bldg : 0 Sqft
EXISTING LOAN : Private
Other Loans (Y/N) : Y
1st Loan Balance : $6,400
2nd Loan Balance : $163,056
Tot Other Loans : $5,680
Financial Data Verif(Y/N) : 10.9
FINANCIAL DATA SOURCE : Owner
Ann Act Gross Inc : $0
Gross Oper Actual Inc : $0
Listing Type : Excl Right
Listing Service : Entry Only
Special Information : None
Original Price : $1,250,000
Sold Price : $1,150,000
Previous Price : $0
Sale $/SqFt : $0
