1107 W G ST new Save Request In-Person Tour Request Virtual Tour
Oakdale,CA 95361
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,266 sqft
Price per Sqft $251
MLS Listing ID 225139080
Bedrooms 2
Full Baths 2
HOA Y/N No
Year Built 1930
Lot Size 6,499 Sqft
Acres 0.1492
Property Sub-Type Single Family Residence
Source MLS Metrolist
Property Description
This is a highly compelling dual-income investment opportunity featuring two separate, updated, and currently tenant-occupied homes on one lot. Homes include a spacious 2 bedroom, 2 bathroom residence with approximately 1,570 sq ft of living space and potential 3rd bedroom, and a 1 bedroom, 1 bathroom second home with approximately 696 sq ft of living space. The property boasts exceptional energy efficiency and reduced long-term maintenance thanks to the sellers many updates starting in 2019, including but not limited to, updated roofs, insulation, AC units, and water heaters as well as many cosmetic updates throughout both homes. The most significant financial benefit is the oversized solar system also installed in 2019, which the seller will pay off in full at the close of escrow. This transfer eliminates the debt and provides the new owner with a system engineered to cover up to 125% of annual energy usage, effectively eliminating high utility generation charges and maximizing Net Operating Income leaving only mandatory minimum utility service fees that apply when applicable. This is a genuinely turnkey asset.
Location
State CA
County Stanislaus
Area 20202
Direction 108 to S Wood to S G St
Rooms
Guest Accommodations Yes
Living Room Other
Dining Room Formal Area,Other
Kitchen Pantry Closet,Stone Counter
Interior
Heating Central,Fireplace(s)
Cooling Ceiling Fan(s),Central
Flooring Carpet,Tile,Wood,Other
Fireplaces Number 1
Fireplaces Type Living Room
Appliance Free Standing Gas Range,Microwave,Plumbed For Ice Maker,Other
Laundry Inside Area
Exterior
Parking Features No Garage
Fence Back Yard,Wood
Utilities Available Sewer In & Connected,Electric,Solar,Natural Gas Connected
Roof Type Composition
Porch Front Porch,Covered Patio
Private Pool No
Building
Lot Description Landscape Front,Low Maintenance
Story 1
Foundation Other, Raised
Sewer Public Sewer,Other
Water Meter on Site,Public
Level or Stories One
Schools
Elementary Schools Oakdale Joint
Middle Schools Oakdale Joint
High Schools Oakdale Joint
School District Stanislaus
Others
Senior Community No
Tax ID 130-027-026-000
Special Listing Condition None