1525 Morgan Road
$1,150,000
3
4
612
612
$1,879
New
Description
What a great opportunity to invest in a property that has 5 studios, 2 apartment units, and a tire shop! One unit is a two bedroom one bathroom and the second unit is a one-bed one-bathroom. The adjacent parcel has a tire shop and is included in the sale, currently leased for $2500 a month (APN 086-001-033-000). The studios are each rented for $800/month. The one-bedroom, one-bath is rented for $1,050/month, and the two-bedroom, one-bathroom unit has a monthly rent of $950. Current Gross Annual Income...What a great opportunity to invest in a property that has 5 studios, 2 apartment units, and a tire shop! One unit is a two bedroom one bathroom and the second unit is a one-bed one-bathroom. The adjacent parcel has a tire shop and is included in the sale, currently leased for $2500 a month (APN 086-001-033-000). The studios are each rented for $800/month. The one-bedroom, one-bath is rented for $1,050/month, and the two-bedroom, one-bathroom unit has a monthly rent of $950. Current Gross Annual Income is $102,000. All Units have a separate electricity meter. Tenants pay for electricity, and the landlord pays for water, gas, and trash. Don't miss out!
- Listed by Albert Mejia • DRE #01960392 • EXIT Realty ConsultantsP: (209)-531-3243 TheMejiaBrothers2@gmail.com
Property Details for 1525 Morgan Road
Parking Features
Uncovered, Guest Parking Avail
ZoningMulti Family Dwelling
LISTING UPDATED: 12/16/2024 02:57 PM
Property Details for 1525 Morgan Road
Status | Active |
---|---|
MLS # | 224133361 |
Days on Compass | 1 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / 5 or More Units |
Year Built | 1960 |
Lot Size | 0.14 AC / 6,250 SF |
County | Stanislaus County |
Building Information for 1525 Morgan Road
Stories2Residences7Year Built1960Building Size-Lot Size0.14 AC / 6,250 SF
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$66,300Additions$57,630Total$123,930
Tax Record2024$1,432 ($119 / 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 | |||
Public - | K to 8 |
Rating | School | Distance |
---|---|---|
Westport Elementary School PublicK to 6 | ||
Blaker-Kinser Junior High School Public7 to 8 | ||
Central Valley High School Public9 to 12 | ||
Patricia Kay Beaver Elementary PublicK to 8 |
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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