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$1,699,000
Est. payment /mo
5,620 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 7 & Over
Listing Status Active
Purchase Type For Sale
Square Footage 5,620 sqft
Price per Sqft $302
MLS Listing ID 20241613
Year Built 1949
Lot Size 0.400 Acres
Property Sub-Type 7 & Over
Property Description
Welcome to the Washington Square Apartments!This property boasts a location that cannot be beat and a history of high occupancy. The apartments consist of 16 units including a single family home. The +/-0.4 acres is situated less than a quarter mile from the charming, downtown Sonora. Ownership has conducted all the heavy lifting here. The property's exterior has received new siding and paint, and 7 interiors have been updated. A new owner will have an opportunity to continue remodeling unit interiors upon achieving a vacancy in order to bring rents up to market. Rents on the property are over 15% below market. Additionally, the property is zoned General Commercial which allows for potential future development.
Location
State CA
County Tuolumne
Area 003-Sonora
Interior
Heating Radiant
Cooling Wall/Window Unit(s)
Flooring Vinyl, Laminate
Fireplace No
Appliance Dishwasher, Refrigerator, Convection Oven
Laundry Coin Operated, Owned
Exterior
Parking Features Blacktop, Down
Building
Lot Description Other
Story 2
Foundation Piers
Sewer Public Sewer
Water District
Others
Ownership Private
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Listed by Jacob Friedrich • CoSol Commercial Real Estate
NEARBY SCHOOLS & PROPERTIES
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